Markets closed the session on a weak note weighed down by software technology shares on the back of sharp increase in US visa fees. Further, traders have also turned cautious in a truncated week. The stock exchanges will be closed for trading on Friday on account of Christmas Day. The S&P BSE Sensex closed lower by 145.25 points at 25,590.65 and the Nifty50 fell 48.35 points at 7,786.10. Among broader markets, BSE Midcap and Small Cap indices ended marginally lower. “After ... Rediff.com, 1 month ago
Technical rallies and short covering may arise only if the markets break this 500 point band Markets posted gains in four out of five sessions last week, finishing on a firm note as investors heaved a sigh of relief after the US Federal Reserve hiked interest rates by 25 basis points citing confidence in the world’s largest economy. The US Federal Reserve’s first rate hike in a decade was a non-event for Indian markets. Additionally, the US central bank signalled future increases in ...Rediff.com, 1 month ago
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