AFTER a colossal fall on the election result day (Tuesday), the Indian equity market made a marginal recovery on Wednesday following an assurance by political allies of BJP - JDU'S Nitish Kumar and TDP's Chandrababu Naidu that they would stick with Prime Minister Narendra Modi to form the NDA government for the third consecutive term.
"Indian market exhibited a spirited recovery driven by broad based buying across various sectors, as political stability appears assured. However, attention will remain on the formation of the government and the forthcoming RBI policy meeting," said Vinod Nair, Head of Research, Geojit Financial Services.
Bu hikaye The New Indian Express dergisinin June 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express dergisinin June 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
DEEP IMPACT IN RAINY AFFAIR
A COUPLE of days before the second Test between India and Bangladesh here at the Green Park Stadium, Akash Deep, India's latest addition to its evergrowing pace battery, spoke about skipper Rohit Sharma explaining how supportive the latter has been to the bowler.
Resting and a bit of training: Gukesh's plan ahead of Ding clash
EVER since India won twin golds (Open and women's teams) at the 45th Chess Olympiad in Budapest, the players of both sides have been basking in the richly deserved adulation.
B'desh superfan alleges thrashing, does U-turn later
A BANGLADESH superfan, Tiger Robi, who usually accompanies the team on its away tours, was allegedly beaten up on Day 1 of the second Test between India and Bangladesh here at the Green Park Stadium, Kanpur on Friday.
MIKA to host last round of nat'l karting c’ship
THE Madras International Karting Arena (MIKA), inaugurated only last week will host its maiden competitive event the fifth and final round of the MECO-FMSCI National Karting Championship Rotax Max Classes 2024 with 54 entrants in the fray.
ISL: Herrara hat-trick hands FC Goa first win of season
FC GOA secured their first win of their Indian Super League (ISL) 2024-25 campaign as they edged past East Bengal 3-2 at the Salt Lake Stadium in Kolkata tonight.
India not to buy LNG from Russia Arctic 2 project: Secretary
INDIA has decided not to purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which is under Western sanctions, said petroleum and natural gas Secretary Pankaj Jain on Friday.
Forex reserves near $700 bn, add $101.5 bn YTD
CONTINUING the gains for the sixth consecutive week, forex reserves have rallied to hit new high of $692.3 billion for the week to September 20, adding $2.84 billion in the reporting week, taking the total in the past six weeks to $22.14 billion and a $101.56 billion year-on-year.
Gold rises 29% so far this yr, may soar to ₹8,000/g by December
BULLION price continued to sizzle for the third day on the back of global rally that began since the Ukraine war and has gained an unprecedented speed since the US Federal Reserves cut the interest by 50 bps-first time in four years.
FPI inflows surge to ₹57K cr in Sept, half of CY24's total
BUOYED by the expectation and clarity of US Federal Reserves' rate cut decision, foreign portfolio investors (FPI) bought shares (net purchase) of ₹57,359 crore so far in September.
‘India to set up tel gear mfg zones'
Scindia says country wants to become the global telecommunication manufacturing hub