Home Business Indian equity benchmarks closed over 1% lower on Friday to log losses...

Indian equity benchmarks closed over 1% lower on Friday to log losses for a second straight week, with declines seen across the board, as global sentiment soured after the U.S. Federal Reserve hinted at an increasingly aggressive rate hike.

137
0
SHARE
Dear Trader…                          Friday’s session turned-out to be a dismal day of trade for Indian equity benchmarks, where frontline gauges ended the day with a cut of over a percent, breaching their crucial 57,200 (Sensex) and 17,200 (Nifty) levels, dragged down by losses in all the sectors after US Fed chief’s hawkish comments soured global sentiments. Markets started the session on negative note and stayed in red for whole day, as

This content is restricted to site members. If you are an existing user, please log in. New users may register below.

Existing Users Log In