After two days of selling pressure, market bulls look set to return to Dalal Street tracking strong cues from global peers while a dip in daily Covid cases is likely to continue to support market sentiment. Quarterly earnings, stock-specific news triggers and crude price movement could further sway market mood. At 7.25 am, SGX Nifty was ruling 127 points higher at 15,065, indicating a gap-up start for the benchmark indices. India s daily count of Covid cases stayed below the 3 lakh mark for the fifth day in a row as the country reported 2.6 lakh cases in the last 24 hours. Meanwhile, on the global front, Wall Street s main indices rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.
Air cooler industry feels the heat due to COVID wave II businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
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Mumbai (Maharashtra) [India], May 6 (ANI/NewsVoir): The year 2020 saw a meteoric rise in the adoption of digital technologies across all business functions including stakeholder engagement.
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Sensex ends volatile day 32 pts higher as D-St clocks longest winning streak since early Feb
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Sensex ends volatile day 32 pts higher as D-St clocks longest winning streak since early FebBy
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Confirmed Covid-19 cases in India rose above 18 million with a record rise in infections and deaths over the last 24 hours.
Closing Bell: Sensex ends flat at 840 pts, Nifty settles at 14,895
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NEW DELHI: Benchmark indices managed to eke out gains on Thursday, a fourth straight session of rise and their longest winning streak since early February. Positive global cues lifted the sentiments on Dalal Street.
Strong buying interest in metal stocks yet helped indices close nearly unchanged on a day of heightened volatility. Cement stocks and private banks lent support to the bulls even as market participants saw some profit booking.
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