Ahead of Market: 10 things that will decide D-Street action on Wednesday

Indian benchmark indices Sensex and Nifty closed higher on Tuesday, with Sensex gaining 0.25% to reach 63,323 and Nifty advancing 61 points to close at 18,816.70. All Nifty sectoral indices, other than pharma and media, ended in the green alongside broader markets. Global concerns were amplified as China cut interest rates, and investors await Powell's testimony to the US Fed in its July meeting, but the market was led by IT and Auto stocks' uptrend and increased fag-end buying in power and utilities shares.

from Stocks-Markets-Economic Times https://ift.tt/CNLMG1E

Related Posts:

  • RIL helps cash-strapped Big Bazaar restock shelvesThe move comes at a time when Kishore Biyani-led Future Group is locked in a bitter legal feud with Seattle-headquartered Amazon over the sale of its retail and wholesale assets, including 1,550 Big Bazaar stores, to RIL for … Read More
  • Stocks up as vaccine shields against second-wave worriesMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% and Japan's Nikkei rose 1%, although most of the action was switching between sectors within markets, as investors shift from coronavirus winners into some … Read More
  • Travel companies rally, lab & food hit The news about a potent vaccine from global pharma giant Pfizer, along with Germany’s BioNTech, was a booster for hotel, airline and travel stocks. from Stocks-Markets-Economic Times https://ift.tt/2IupuFx … Read More
  • Health premium sees up to 200% jump If your health policy is coming up for renewal after the lockdown, you might be in for an unpleasant surprise. Policyholders are seeing their renewal premiums go up by 5-200%. from Stocks-Markets-Economic Times https://ift.… Read More
  • Options buyers shift to US value stocks on vaccine hopesDemand for call options, used to position for gains in equities, has surged in the past week among travel and leisure companies whose shares slid under months of coronavirus-fueled lockdowns and travel restrictions, including… Read More

0 Comments:

Post a Comment