Mon, Nov 20, 2023 3:54 PM
Axita Cotton Limited Announces Board Meeting for Bonus Equity Shares!
A Flip by Avya Verma
The US Federal Reserve is losing control of its messaging on interest rates, but financial markets are wrong to expect imminent cuts, Allianz chief economic adviser Mohamed El-Erian said.El-Erian said the Fed may well tolerate higher inflation instead of pushing the economy into recession to hit its 2% target. But he also said investors are over-reacting by pricing in sharp rate cuts.
Open Flip
The market capitalisation of the Bajaj Group surpassed Rs 10 lakh crore on Tuesday, making it the fifth conglomerate to achieve this milestone after Tata Group, Reliance Industries, HDFC Bank, and Adani Group. The Bajaj Group has gained nearly 21% in overall market value since January 1.This surge can be attributed to the robust performance of three companies — Bajaj Auto!
Open Flip
Mumbai: India's equity indices hit fresh all-time highs with the Sensex crossing the 69,000 mark for the first time on Tuesday as the market continued to ride the bullish momentum driven by pick up in foreign fund flows and Bharatiya Janata Party's wins in the recent state elections.The Nifty gained 168.30 points or 0.81% to close at 20,855.10. The Sensex rose 431 points or 0.63% to end.
Open Flip
