Equity indices bounced back on Tuesday, tracking European and Asian markets, which were positive on back healthy earnings updates and signs of fresh stimulus in China. “The key event this week is RBI’s monetary policy which provides direction to the market. Though RBI is expected to maintain the status quo, commentary would be eagerly eyed … Read more
Domestic equities rallied for a second consecutive day following strong macro data and firm global cues. Investors would keep an eye on services PMI data from Europe, UK and India, due later today. “Going ahead, domestic positives should continue to support indices with broader market sustaining momentum. Sectoral rotation would continue with niche and underperforming … Read more
Mumbai: The Gift Nifty index registered its highest ever single-day turnover of $12.98 billion on August 29 with 336,535 contracts traded. The turnover on August 29 was equivalent to ₹1,07,267 crore, the index manager said. The open interest is at 3,08,254 contracts worth $11.93 billion on August 29. “Trading turnover on NSE IX has been … Read more