Home Business Indian equity benchmarks fell for a second straight day on Monday over...

Indian equity benchmarks fell for a second straight day on Monday over prospects of aggressive rate hikes by the U.S. Federal Reserve and sky-high inflation, while Future Group companies tumbled after Reliance Industries called off a deal to buy its retail assets.

Dear Trader…                          Indian equity benchmarks ended lower for a second straight day on Monday, following weak trade in Asian market peers as global sell-off triggered by aggressive US Fed tightening and China covid fears. The markets had a gap down opening and showed weakness throughout the session, as a private report cut India’s 2022-23 economic growth forecast by 70 basis points to 7 percent, citing slowing global growth due to

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.