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Markets open higher amid firm global cues

 India's benchmark share indices opened 1% higher on Thursday, amid firm global cues, led by index heavyweights Reliance Industries, Infosys and private banks. At 9:16 AM, the 30-share Sensex was up......

Has correlation between Nifty IT index and NASDAQ ended?

 Calendar year 2023 (CY23) has thus far proved to be a good year for select information technology stocks. In the US, for instance, the tech-heavy NASDAQ has rallied nearly 18 per cent thus far in......

Share of NRIs, overseas investors in mutual fund assets declining

 The share of non-resident Indians (NRIs) and overseas investors in Indian mutual funds has been declining over time, despite adding half-a-trillion rupees to holdings over the last five years.......

Infosys rings Nasdaq opening bell from Mysore

 IT giant Infosys Technologies became the first company to ring the opening bell of the Nasdaq stock exchange from India.Infosys chairman Narayan Murthy rung the customary opening bell, which marks......

Markets down 1%; Sensex tanks 671 points

 Benchmark stock indices Sensex and Nifty tanked more than 1 per cent on Friday due to heavy selling in IT, financial and oil stocks in line with weak trends in the global markets. Photograph:......

Sensex bleeds in morning trade, down by 869 pts

 Benchmark indices Sensex and Nifty declined in early trade on Wednesday due to selling in financials, oil and IT stocks amid weak global trends. The 30-share BSE Sensex fell by 869 points or to......

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