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A preview of important economic and market events, as well as upcoming macroeconomic data releases in India and across the world for the coming week.
A preview of important economic and market events, as well as upcoming macroeconomic data releases in India and across the world for the forthcoming week.
Markets News: Indian markets opened lower on Wednesday, as investors engaged in profit-taking near record high levels, despite encouraging macroeconomic data.
Indian benchmarks inched towards record highs on Monday, led by financials, with their gains in contrast to a drop in Asian markets ahead of key macroeconomic data from major economies. The Nifty 50 index was up 0.53% at 19,925.20 by 10 00 a.m. IST, while the S&P BSE Sensex rose 0.48% to 66,930.93.
New Delhi, India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn