Indian shares posted their second weekly loss on Friday, struggling to break past recent peaks as investors assessed a host of developments, including a cabinet reshuffle and results from software services giant Tata Consultancy Services. Weighed down by heavyweight financial stocks, the blue-chip NSE Nifty 50 index…
The release of the minutes of the Monetary Policy Committee shows that at least two members are very worried about inflation.Jayant Verma a vocal external member of the MPC writes: “Indian inflation rates have been consistently well above the midpoint of the tolerance zone for an extended period and are forecast to…
Indian shares rose to all-time highs on Tuesday led by gains in financials and FMCG stocks as investors await the outcome of the U.S. Federal Reserve’s policy meeting later this week. The Sensex ended 221 points higher at its new closing high of 52,773 while the Nifty rose 57 points to settle at its fresh…
Indian shares rose to all-time highs on Tuesday as gains in broader markets helped investors look past data that showed retail inflation hit a six-month-high, with the focus shifting to the outcome of the U.S. Federal Reserve’s policy meeting later this week. The blue-chip NSE Nifty 50 index rose 0.39% to…
The blue-chip NSE Nifty 50 index rose 0.39% to 15,799.35 and the benchmark S&P BSE Sensex closed 0.33% higher at 52,474.76. Indian shares ended at a record high on Friday, gaining for a fourth consecutive week as more states eased pandemic restrictions, with investors seeming confident that high U.S. inflation…