Stock Market Today: Nifty 50 settles near 21,000 as RBI raises growth forecast; bank, IT stocks shine
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed
Nifty 50 today opened at 20,932.40 against the previous close of 20,937.70 and touched its intraday high and low of 20,941.25 and 20,850.80 respectively
The combined market cap of the 10 Adani group listed companies had increased by about Rs.87,224 crore till noon on Wednesday
State Bank of India (SBI) , the Public Sector Banking and Financial services company remains among top picks of Centrum with target price of Rs.665 indicating more than 9% upside for the stock from current market price of close to Rs. 608
After the Court's order, the industrialist ranks 20th on the Bloomberg Billionaires Index with a $65.8 billion fortune
Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per cent
The decline in the US treasury yields and softening of dollar amid rising bets that the US Federal Reserve is done with interest rate hike have acted as key catalysts for the foreign fund inflows into emerging markets like India
According to a Reuters report, Asian stocks rose to clock their strongest performance in 10 months on Thursday on a relatively benign global interest rates outlook and signs of economic recovery