Beyond the Buzz Into the Core
As the last Federal Reserve meet under the Biden Administration takes place, experts predict another interest rate cut in loans. Will this be a reason for a higher FII outflow from India? Which are the midcap superstars this week, Nisha Poddar of the Economic Times decodes.
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The Indian market ended in the green on Tuesday, extending their rally, lifted by heavyweights Reliance Industries and Bharti Airtel, as optimism over potential goods-and-services tax (GST) reforms and tentative signs of progress in Russia-Ukraine peace talks buoyed sentiment. The S&P BSE Sensex climbed 370.64 points, or 0.46%, to close at 81,644.39, while the NSE […]
Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested. Buffett spoke at Berkshire’s annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, Marubeni, Mitsubishi , Mitsui and Sumitomo to as high as 9.8%. Berkshire’s […]
Indian equities ended down on Monday, witnessing their second successive negative closing amid selling pressure in IT, metals and pharmaceutical stocks. While Nifty 50 ended at 22122.05, with a 0.4% loss, the 30-stock S&P BSE Sensex fell 0.5% to settle at 72790.13. Here’s how analysts read the market pulse: “Despite the overall bullish tone, negative […]