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Key Indian equity market indices opened lower in Mumbai

Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower after the fiscal deficit data reached at 113.7 per cent of the full year’s target.The market, however, started cheering as the GDP and Eight Core Industries (ECI) data showed signs of economic recovery.The Sensitive Index (Sensex) of the BSE,

FPIs net outflow from equities at Rs 7,300-cr in Dec so far

FPIs’ net outflow from equities at Rs 7,300-cr in Dec so far

FPIs net outflow from equities at Rs 7,300-cr in Dec so far: New Delhi, Overseas investors have pulled out a massive Rs 7,300 crore from the country’s stock markets this month so far, primarily due to rising crude prices and widening fiscal deficit.This comes following an eight-month high inflow of Rs 19,728 crore in November, mainly

Disappointing macro data depresses equity markets

Mumbai: Disappointing macro-economic inflation data, along with negative global cues, depressed the Indian equity markets on Tuesday. Consequently, the key indices of the Indian equity markets provisionally closed flat, as heavy selling pressure was witnessed in oil and gas, information technology (IT) and technology, entertainment and media (Teck) stocks. The wider 51-scrip Nifty of the

Global cues, macro-data dragged key equity indices lower

Mumbai: Negative global cues, profit booking and mixed macro-economic data saw two key Indian equity market indices end in the negative territory during the week ended Friday. The markets, which started the week on a flat-to-negative note, resumed the uptrend post the accommodative monetary policy stance of the Reserve Bank of India (RBI). The investors’

Profit booking, weak Rupee depress equity markets

Mumbai: Profit booking, coupled with foreign fund outflows and a weak Rupee, depressed the Indian equity markets on Friday. This led to the key indices provisionally closing the day’s trade in the red, as heavy selling pressure was witnessed in healthcare, capital goods, banking and information technology (IT) stocks. The wider 51-scrip Nifty of the