Tag: Macro Data

Sensex down over 120 points, Nifty below 10,900

Mumbai: Indian markets traded on a choppy note during Wednesday afternoon’s trade session over concerns of slowing global economy and the ongoing US-China trade tension. Sensex lost over 120 points and the Nifty slid below the 10,900 mark. The Indian rupee, however, gained 17 paise to trade at 71.27 against the US dollar, providing some […]

Sensex, Nifty open in green ahead of key macro data

Mumbai: Ahead of a key macro-economic data release, the domestic indices opened in the green on Friday owing to a strong rupee and a healthy fund inflow. Key data like — Q2 GDP, fiscal deficit and core sector growth data — will be released later in the day. Asian markets too aided in the domestic […]

Sensex, Nifty rebound on lower crude oil price, healthy macro data

Mumbai: India’s key equity indices bounced back on Tuesday, gaining one per cent each, as global crude oil prices declined and domestic consumer inflation cooled, boosting investor sentiment. On Tuesday, the benchmark Brent crude price eased to $68.80 a barrel after topping the $71-mark on Monday. As a result, the S&P BSE Energy index gained […]

Rupee sees high volatility
Macro data to direct equity market trends (Market Outlook)

Mumbai: The Indian rupee’s movement against the US dollar and the upcoming macro-economic data points are expected to chart the course of key domestic equity indices during the coming week. According to market observers, other factors such as the direction of foreign fund flows, derivatives expiry and the volatility in global crude oil prices will […]