With the acceleration in digitisation initiatives undertaken by the Indian companies, the IT sector will be unaffected by the domestic challenges. Image: Reuters The second COVID-19 wave has proven to be more dangerous with India reporting over 3 lakh cases per day. The market has been witnessing a significant correction on the back of rising
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Market participants will closely watch the rising COVID-19 cases, on-going vaccination drive, oil prices, rupee movement amid weekly F&O expiry. Domestic equity markets were staring at a positive opening on Thursday, after falling for two consecutive days. In the previous session, BSE Sensex ended at 47,705, while the broader Nifty 50 index closed at 14,296.
While the sharp increase in Covid cases is a matter of concern, low mortality rate and expectations of ramp up in vaccination over the next few months should help limit the fallout from the second Covid wave. The Indian share market has been witnessing volatility as the second COVID-19 wave is causing fear amongst market
Index closed a week at 14600 zone with loss of 1.50% on weekly basis and formed hammer sort of candle pattern on weekly chart, said an analyst. Image: Reuters BSE Sensex and Nifty 50 ended flat on Friday after witnessing a volatile trade. Sensex ended flat with just a gain of 28 points at 48,832.03,
The benchmark 10-year Treasury yield slipped below 1.6 per cent for the first time since March 25. Image: Reuters Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were set to open subdued on the last day of this week, as suggested by trends on