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Indian stock indices opens in new week a little higher

Indian stock indices opens in new week a little higher

26 Jun 2023 10:48 AM IST

On Monday morning, Indian market indices traded slightly higher even after closing out the previous session in the negative. At the meantime when this post was being written, both the Sensex and the Nifty were up 0.2-0.3%. According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the global
AdaniConneX Seals the Largest Data Center Financing Deal in India with a USD 213 Mn Construction Financing Facility

AdaniConneX Seals the Largest Data Center Financing Deal in India with a USD 213 Mn Construction Financing Facility

23 Jun 2023 12:56 PM IST

The ground-breaking transaction paves the way for implementation of sustainable digital infrastructure platform with pan-India roll-out Editor’s Synopsis AdaniConneX, a 50:50 JV between Adani Enterprises Ltd (AEL) and EdgeConneX (ECX), has executed a USD 213 Mn senior debt facility with participation from international banks to finance its under-construction data center
Stock buyers in India book profits after this week’s peak in the indices

Stock buyers in India book profits after this week’s peak in the indices

23 Jun 2023 11:09 AM IST

Indian stock indices traded in the red on friday morning partly due to profit booking after they peaked this week and on indications that the global fight against inflation, as indicated by various central banks, is far from over. The current high market valuations may have temporarily discouraged investors. Benchmark
Indian stock indices at their peak, but analysts worry about high valuations

Indian stock indices at their peak, but analysts worry about high valuations

22 Jun 2023 10:36 AM IST

After reaching record highs the day before, Indian stock indices moved relatively steadily on thursday morning. Analysts have since issued a warning that the high value may temporarily deter investors. At the time this story was being written, the Nifty was up points and the Sensex was down merely 14
Indian stock indices extends gains on firm overseas cues

Indian stock indices extends gains on firm overseas cues

21 Jun 2023 10:12 AM IST

On Wednesday morning, Indian market indices performed favorably, following strong cues from international counterparts and signs that the US may avoid a recession. As of the time this post was being written, both the Sensex and the Nifty were up 0.2-0.3%. “In tune with the International Yoga Day, the market
Indigo, Vistara have received DGCA approval for two international routes

Indigo, Vistara have received DGCA approval for two international routes

20 Jun 2023 12:09 PM IST

Indigo and Vistara have been granted permission to operate two new international routes. The Directorate General of Civil Aviation has approved Indigo’s Delhi-Tbilisi (Georgia) and Vistara’s Delhi-Bali routes. These routes will begin operations on August 7 and August 1, 2023, respectively. The additional routes are part of the airline companies’
Indian stocks drop on profit booking; defence stocks on radar as PM Modi visits US

Indian stocks drop on profit booking; defence stocks on radar as PM Modi visits US

20 Jun 2023 10:36 AM IST

Tuesday morning’s trading in Indian stock indices was mostly affected by investors taking profits after gains. At the time this story was being written, both the Sensex and the Nifty were down roughly 0.4% each. Strong fundamentals, such as a solid GDP outlook, moderate inflation, and robust foreign investor purchases,
Go First extends flight cancellations till 22 June

Go First extends flight cancellations till 22 June

19 Jun 2023 13:09 PM IST

On Monday, the crisis hit airline Go First stated that owing to operational concerns, all of its scheduled flights will be cancelled through June 22. The original deadline was 19th June. “Due to operational reasons, Go First flights until 22nd June 2023 are cancelled,” the airline said in a tweet
Indian market indices continue to remain firm; near all-time high

Indian market indices continue to remain firm; near all-time high

19 Jun 2023 10:57 AM IST

As a result of a number of favourable factors, including a solid GDP projection, controlled inflation, and significant purchases by foreign investors, Indian stock indices moved slightly higher on monday morning. The stock indices are very close to reaching record highs. The Sensex and Nifty were up 0.1 to 0.2%
Indian stocks rise as markets benefit from the US Fed’s interest rate pause

Indian stocks rise as markets benefit from the US Fed’s interest rate pause

16 Jun 2023 10:23 AM IST

In response to the US central bank’s most recent monetary policy decision, which finally paused the interest rate after raising it for more than a year, Indian market indices traded higher on friday morning. Sensex and Nifty indices were 0.4 per cent higher each at the time of writing this
Indian stock indices relatively stable Wednesday morning

Indian stock indices relatively stable Wednesday morning

14 Jun 2023 10:59 AM IST

On Wednesday morning, Indian stock indices mostly traded in a steady manner. Due to investors booking profits, the Sensex and Nifty each had a modest loss of 0.1% at the time this story was written. On Tuesday, markets edged higher and gained over half a per cent, tracking upbeat global
Moderating inflation and firm US markets buoy Indian stock markets

Moderating inflation and firm US markets buoy Indian stock markets

13 Jun 2023 10:44 AM IST

Indian stock indices saw gains on Tuesday as they followed encouraging cues from US markets and were helped by ongoing decrease in retail inflation. Sensex and Nifty were 0.5 per cent higher each when writing this report. S&P 500 index in the US closed almost 1 per cent higher on
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