India's Manufacturing Touches Highest Level In 16 Years
HSBC India Manufacturing PMI was at 59.1 in March with the country seeing a near-record increase in input stocks. PMI, short for purchasing managers index, in February was 56.9, the fastest pace in five months.
Markets Start Strong In New Financial Year
The markets opened the new financial year hitting record highs. Metal companies led the charge, jumping 3.7% after data showed China's manufacturing activity expanded for the first time in six months in March
Last Financial Year Was A Blockbuster For Stock Markets
All indices have been hitting record highs consistently. And that of course has been the situation in the US as well with S&P 500, Dow Jones and Nasdaq all hitting record highs in recent weeks
Indian Markets Find Their Footing Again
Indian stock markets were up, lifted by index heavyweights like Reliance Industries, HDFC Bank and Maruti. The BSE Sensex closed up 526 points up at 72, 996 and the NSE Nifty 50 was up 119 points to close at 22,124.
Low Liquidity Hits Major Markets In Holiday Shortened Week
While in theory markets are open right now, in practice, many investors are on holiday, including institutional ones. This means that there is less buying and selling overall and in some stocks there may be very little activity.
Markets Search For Fresh Triggers
The Nifty Midcap 100 and Smallcap 100 indices were higher than the benchmarks. We don't usually track these indices except that at this point, given all the regulatory overhang and crackdowns.
Markets Zoom Up Once Again On Federal Reserve Moves
Stock Prices rose on Thursday, amidst a global equity surge after the Federal Reserve maintained its projection of three interest rate cuts this year, despite higher inflation in the United States
Global Investors Now Promise Funds Will Flow After Elections
According to JP Morgan Chase analysts, global funds would use corrections in the Indian market to increase holdings, which is already reflected in the high FII inflows in March












