Mumbai: With HDFC Bank, Reliance Industries and HDFC contributing the most, the day’s close at 59,842 points was just about 1.3% away from the index’s four-month closing high level of 60,612. On the NSE, the Nifty closed 127 points up at 17,825.
According to Motilal Oswal Financial Services head (retail research) Siddhartha Khemka, domestic equities continued to witness strength on the back of positive global cues and softening of CPI and WPI inflation in India. “Global markets were positive after China announced a surprise cut in interest rates by 10 basis points (100bps = 1 percentage point). Oil prices continued to plunge as investors weighed on the impact of slowing growth on energy demand.”
Diese Geschichte stammt aus der August 17, 2022-Ausgabe von The Times of India Mumbai.
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Diese Geschichte stammt aus der August 17, 2022-Ausgabe von The Times of India Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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