World Bank boosts growth forecasts as US stimulus, vaccines stoke demand bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Read more about Shares reverse trend; Nifty slips below 15,700 on Business Standard. At 13:20 IST, the barometer index, the S&P BSE Sensex, slipped 297.23 points or 0.57% at 51,978.34. The Nifty 50 index lost 88.70 points or 0.56% at 15,651.40. The Nifty index hit a record high of 15,800.45 in early afternoon trade.
Read more about Sensex down 275 pts, Nifty holds 15,650 mark on Business Standard. At 14:24 IST, the barometer index, the S&P BSE Sensex, slipped 275.43 points or 0.53% at 52,000.14. The Nifty 50 index lost 78.70 points or 0.5% at 15,661.40. The Nifty index hit a record high of 15,800.45 in early afternoon trade.
World Bank affirms N. Macedonia s 2021 GDP growth f cast at 3.6% Qatar Airways/All rights reserved.
SKOPJE (North Macedonia), June 9 (SeeNews) - The World Bank said it expects North Macedonia s gross domestic product (GDP) to grow by 3.6% in 2021, leaving unchanged the forecast it made in April.
In 2022 and 2023, North Macedonia s economic output is projected to increase by 3.5% and 3.4%, respectively, the World Bank said in the June edition of its Global Economic Prospects report published on Tuesday.
Faster implementation of structural EU reforms, provided negotiations for EU membership are not further delayed, should accelerate medium-term growth in the country, according to the report.
Equity indices ended a volatile session with steep losses on Wednesday, led by weakness in banks and auto shares. The Nifty hit a record high of 15,800.45 in early afternoon trade. However, a sharp round of selling in afternoon trade dragged the benchmarks lower. All the sectoral indices on the NSE were in the red.
As per the provisional closing data, the barometer index, the S&P BSE Sensex, slipped 315.96 points or 0.6% at 51,959.34. The Nifty 50 index lost 99.4 points or 0.63% at 15,640.40.
Selling was broad based. The S&P BSE Mid-Cap index skid 0.55% while the S&P BSE Small-Cap index declined 0.76%.
The market breadth was negative. On the BSE, 1,465 shares rose and 1,722 shares fell. A total of 153 shares were unchanged.