Indian stocks started the week on a positive note, riding on the coattails of a strong performance in US markets and improved investor sentiment. With the Sensex rising by 411 points and the Nifty climbing 53.70 points in early trade, sectors like the Nifty Bank emerged as top movers.
Futures for the Dow Jones Industrial Average wavered between small losses and gains, while futures for the S&P slipped 0.6%. The tech-heavy Nasdaq portended another tough day for technology companies, losing 1.1% before the bell and on track for a weekly decline.
From the Sensex pack, IndusInd Bank, Bharti Airtel, HCL Technologies, Axis Bank, Tech Mahindra, Kotak Mahindra Bank, HDFC, Infosys, HDFC Bank, and Reliance Industries were major laggards in early trade.
The first six months were full of surprises: Inflation, the biggest selloff in bonds in four decades, a plunge in tech stocks rarely matched in history, and the implosion of crypto, the Wall Street Journal reported.
Trading at Wall Street was stopped for 15 minutes on Thursday as S&P 500 fell by 7 per cent right at the opening
Mumbai : The benchmark BSE Sensex fell over 133 points in early trade today due to selling in IT stocks after TCS' second quarter earnings failed to impress investors.Besides, a weak trend on other Asian
Washington: An American federal trade regulator today imposed conditions on Sun Pharmaceuticals' acquisition of Ranbaxy on the grounds that the USD 4 billion proposed deal would likely be anti-competitive.The Federal Trade Commission (FTC) said pharmaceutical
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