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Searched Tag: global markets

Benchmark equity indices started the new fiscal on a bullish note on Monday, with the Sensex and Nifty reaching all-time high levels, amid firm trends from Asian markets and foreign fund inflows.

Sensex and Nifty hit all-time highs amid strong global trends

April 1, 2024, 10:33 AM - 2 min read

From the Sensex basket, JSW Steel, Tata Steel, Kotak Mahindra Bank, HDFC Bank, Tata Motors, and Larsen & Toubro were the major gainers. In Asian markets, Seoul and Shanghai were quoting in the green while Tokyo traded lower.

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Benchmark equity indices Sensex and Nifty jumped in early trade on Thursday in-tandem with a rally in global markets after the US Fed projected three rate cuts this year.

Sensex and Nifty rally in early trading as global markets react to US Fed's rate cut plans

March 21, 2024, 11:36 AM - 2 min read

"The uncertainty regarding the Fed decision is over with the Fed keeping the rates unchanged and refraining from a hawkish message. The Fed chief's statement that "inflation has eased substantially while the labour market has remained strong" conveys conviction about the soft landing of the US economy and the possibility of probably three rate cuts this year.

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