At 9:15 AM, the S&P BSE Sensex is trading at 27,017 up mere seven points, while NSE Nifty is trading at 8,274 up mere seven points.
At 9:15 AM, the S&P BSE Sensex is trading at 27,017 up mere seven points, while NSE Nifty is trading at 8,274 up mere seven points.
The Indian rupee opened higher by one paise at 66.78/$ against US Dollar on Wednesday as against the previous close of 66.77/$.
Asian markets are mixed with China's Shanghai Composite down 0.74%. Japan's Nikkei and Hang Seng are marginally down. The S&P 500 ended at its best level since July led by a big jump in energy shares. The Dow Jones ended up 17.95 points, or 0.1%, while the S&P 500 gained 2.72 points, or 0.13%.The Nasdaq Composite dipped 6.96 points, or 0.14%.
On Tuesday, Indian stock market drew strength from RBI Governor’s accommodative policy action. RBI assured the markets that it would infuse liquidity depending on the situation and will closely monitor how the monsoon situation develops. The central bank hinted at progressive lowering of average ex ante liquidity deficit in the system to a position closer to neutrality. Investors will now shift their attention to the Brexit vote scheduled to take place later this month and of course the Fed meet which may leave interest rates alone.
On the economy front, Nirmala Sitharaman said that the foreign direct investment went up 42% since the NDA government assumed office in May 2014.
The Prime Minister of India Narendra Modi and the President of the United States of America Barack Obama met in the White House during an official working visit of Prime Minister Modi to the United States. Marking their third major bilateral summit, the leaders reviewed the deepening strategic partnership between the United States and India that is rooted in shared values of freedom, democracy, universal human rights, tolerance and pluralism, equal opportunities for all citizens, and rule of law.
Today, Infosys Finacle and Paytm will announce a strategic partnership in Mumbai.
The Indian rupee opened higher by one paise at 66.78/$ against US Dollar on Wednesday as against the previous close of 66.77/$.
Asian markets are mixed with China's Shanghai Composite down 0.74%. Japan's Nikkei and Hang Seng are marginally down. The S&P 500 ended at its best level since July led by a big jump in energy shares. The Dow Jones ended up 17.95 points, or 0.1%, while the S&P 500 gained 2.72 points, or 0.13%.The Nasdaq Composite dipped 6.96 points, or 0.14%.
On Tuesday, Indian stock market drew strength from RBI Governor’s accommodative policy action. RBI assured the markets that it would infuse liquidity depending on the situation and will closely monitor how the monsoon situation develops. The central bank hinted at progressive lowering of average ex ante liquidity deficit in the system to a position closer to neutrality. Investors will now shift their attention to the Brexit vote scheduled to take place later this month and of course the Fed meet which may leave interest rates alone.
On the economy front, Nirmala Sitharaman said that the foreign direct investment went up 42% since the NDA government assumed office in May 2014.
The Prime Minister of India Narendra Modi and the President of the United States of America Barack Obama met in the White House during an official working visit of Prime Minister Modi to the United States. Marking their third major bilateral summit, the leaders reviewed the deepening strategic partnership between the United States and India that is rooted in shared values of freedom, democracy, universal human rights, tolerance and pluralism, equal opportunities for all citizens, and rule of law.
Today, Infosys Finacle and Paytm will announce a strategic partnership in Mumbai.
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