The latest indication that inflation pressures may be receding was the moderation of price increases in the US last month. Inflation among consumers reached 7.7% in October. The figures reduced hopes for more ferocious Federal Reserve rate increases. According to the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index, consumer confidence among urban Indians decreased in November as a result of growing prices and living expenses (PCSI). Three out of the four indices used to calculate the monthly PCSI, which consists of four weighted subindices, showed a decline.The sub-index measuring current personal financial conditions in PCSI fell by 3.3 percentage points, while the sub-index measuring current investment climate fell by 2.9 percentage points. The PCSI economic expectations sub-index is down 0.8 percentage points while the PCSI employment confidence sub-index increased by 0.2 percentage points. According to the company’s announcement on Friday, Pricol Ltd. reported…
Tag: Sensex
Sensex, Nifty open lower; turn volatile later
After losing the previous two days, benchmark indexes recovered in early trade on Friday, November 4,…
Sensex ends 1,189 points lower, Nifty below 16,650 as Omicron fears roil global markets Sensex slumped 1189 points to end at 55,822 and Nifty fell 371 points to 16,613.
BSE midcap and smallcap indices fell 839 points and 940 points, respectively. On the sectoral front,…
Business Byts:The growth story of BSE SME platform that generated magnificent returns in last one year.
BSE SME IPO Index has given a massive return of over 255% to the investors in…
Sensex breaches 50,000-mark for first time ever
Sensex created history on Thursday, by rallying over 300 points to hit the 50,000-mark for the…
Sensex breaches 50,000-mark for first time ever
Sensex created history on Thursday, by rallying over 300 points to hit the 50,000-mark for the…
Indices scale fresh highs, Sensex zooms 350 points, Nifty tests 12,750; autos, pharma cos rally
The benchmark equity indices on the BSE and National Stock Exchange (NSE) continued their bull run…
Green Signal makes Sense Bullish: New All Time High on Cards.
The market remained in a strong uptrend with the benchmark indices hitting fresh record highs on…
Happiest Minds becomes eigth biggest IPO of decade
To say Happiest Minds Technologies’ initial public offering was a hit on D-Street would be an understatement.…
Sensex plunges 634 pts; Nifty cracks below 11,350
Domestic equity benchmark Sensex crashed 634 points on Friday, tracking losses in index majors Reliance Industries,…