The Nifty PSU Banks Index is also showing a downward trend in the near term, with significant support expected at the 6,600 level
Posts in category Business Standard
Fear-gripped equity investors lose Rs 15 trillion; Sensex, Nifty fall 2.7% (05-08-2024)
India VIX surges 42%, most in 9 years; FPIs offload shares worth Rs 10,073 crore
RBI moots certain regulatory principles for models of credit management (05-08-2024)
The model should have the necessary scalability and flexibility to meet the needs of dynamic business conditions
Rupee at new low of 83.85 against US dollar, bonds gain on global cues (05-08-2024)
Market participants said that the local currency might gradually depreciate to Rs. 84 per dollar in near term
Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi (05-08-2024)
AT-1 bonds are perpetual bonds issued by banks to raise money to meet regulatory capital requirements
India Vix surges 42%, signals more turbulence in domestic markets (05-08-2024)
Volatility may continue amid global headwinds in the near term, say experts
Wall Street plunges as US recession fears jolt global mkts; Apple falls 4% (05-08-2024)
Nvidia slid 5.6% after reports of a delay in the launch of its upcoming artificial-intelligence chips due to design flaws. Microsoft and Alphabet fell about 3% each
Strides Pharma Science announces acquisition of balance stake in Strides Global Consumer Healthcare, UK (05-08-2024)
Consumer UK is an IP holding entity and is into the business of sale and distribution of pharmaceutical and other over-the-counter consumer health care products, through its subsidiaries in US and India.
US unemployment-led recession fear makes IT sector cautiously optimistic (05-08-2024)
Market sources and media reports concur that today’s global sell-off may trigger an early rate cut by the US Federal Reserve
US unemployment-led recession fear makes IT sector cautiously optimistic (05-08-2024)
Market sources and media reports concur that today’s global sell-off may trigger an early rate cut by the US Federal Reserve