Rising oil costs, a 10‑year US Treasury yield at a 22‑year high and aggressive foreign‑investor selling are weighing on the Nifty and Sensex ahead of key earnings.
Posts tagged as “Indian equities”
The Nifty50 closed at 23,140.5 on Sept. 25, marking a seven‑week fall of 5.8% and raising the prospect of an unprecedented eighth weekly decline.
Market experts say the Nifty 50 could reclaim the 25,000 level this year if global yields ease, oil prices stabilise and corporate earnings stay strong.
The National Stock Exchange of India's IPO closed with a grey market premium of about 3% and overall subscription at 1.16 times the offer.
Shares of Tata Group companies jumped on September 15 after the RBI rejected Tata Sons' request to surrender its core investment company status, reviving expectations of a public listing.