Nifty up for third straight day, gains 3% in a week
IANS
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November 6, 2023 5:03 PM
Mumbai, Nov 6 (IANS) Nifty ended higher for the third consecutive session on Monday.
Nifty’s fall in Oct was the steepest month-on-month decline in 2023
Sanjeev Sharma
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November 6, 2023 12:07 PM
New Delhi, Nov 6 (IANS) Nifty 50 index oscillated 1,012 points before closing 559 points (or 2.8 per cent MoM) lower at 19,080 in October, notably the steepest month on month decline in CY23, Motilal Oswal Financial Services said in a research.
India could be world’s 3rd largest economy by 2027 with nominal GDP of $5tn
Sanjeev Sharma
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November 6, 2023 11:46 AM
New Delhi, Nov 6 (IANS) India’s importance as a global growth driver will increase with its share of world growth contribution rising from 10 per cent in 2021 to 15 per cent in 2022, and further to 17 per cent in 2023-28, foreign brokerage Morgan Stanley said in a report.
Buy on dips strategy has worked well for investors
IANS
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November 6, 2023 11:21 AM
New Delhi, Nov 6 (IANS) The ability of stock markets to climb walls of worries is manifesting clearly in these troubled times, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Female CEOs fail after taking control of problem-hit companies: Study
IANS
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November 5, 2023 7:13 PM
London, Nov 5 (IANS) Women experience a gender tenure gap, lasting in CEO roles at publicly listed companies for shorter periods than men, according to new research.
Given the ongoing result season, sector and stock specific action will continue
IANS
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November 5, 2023 12:12 PM
New Delhi, Nov 5 (IANS) Investors will closely scrutinise the economic data from the US, including the PMI and nonfarm payroll releases, to gain further insights into US economic performance, says Vinod Nair, Head of Research at Geojit Financial Services.
Since FIIs are short in market, short covering is possibility
IANS
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November 3, 2023 11:44 AM
New Delhi, Nov 3 (IANS) The positive global sentiments can embolden the bulls in India to stage a comeback. Since FIIs are short in the market, short covering is a possibility, V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Equity markets impacted more by spike in US bond yields than Israel-Hamas conflict
IANS
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November 1, 2023 11:25 AM
New Delhi, Nov 1 (IANS) With the ground war in Gaza intensifying, uncertainty surrounding the West Asian crisis is at its peak. It's not known how and when this war will end and what the consequences will be. Therefore, investors should continue with a cautious strategy, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Global gold demand plunges, India bucks trend with double digit growth
IANS
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October 31, 2023 12:59 PM
New Delhi, Oct 31 (IANS) The global demand for gold fell by 6 per cent to 1,147.5 tonnes during the third quarter of 2023 amid slowing demand for bars and coins and reduced buying from central banks, according to the World Gold Council’s (WGC) report released on Tuesday.
Markets climbing wall of worry
IANS
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October 31, 2023 11:39 AM
New Delhi, Oct 31 (IANS) Buy on dips is the strategy that has worked well in this highly volatile market. In spite of multiple crises, risks and uncertainties, the market has been bouncing back smartly as evidenced by the 290 point rally in Nifty in the last two days, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
