Stock market updates LIVE: India’s benchmark indices erased initial losses and were trading slightly higher in morning trading in the volatile session on Thursday, ahead of the expiration of weekly options. The S&P BSE Sensex was trading around 51,450 levels, up 150 points, while the broader Nifty50 index hovered around …
Read More »Sensex dips 2,100 pts a day with a new strain of COVID; Nifty50 can find support at these levels
Today, the Indian stock markets erased the gains made in the last 11 days. Reversing the rally of the past 11 days, Indian equity markets fell 3 percent on Monday. BSE Sensex broke 1,407 points or 3 percent to finish at 45,553.96, the level last seen on December 8, 2020. …
Read More »Buffett indicator: Watch out! Buffett indicator for India sending wrong signals
[ad_1] NEW DELHI: Is Buffett’s indicator sending a false alarm? Analysts feel that way. The market capitalization to GDP ratio, also known as the Buffett indicator, for India has breached its Global Financial Crisis (GFC) low of 56, and is now trading just above the 2005 level of 52. Named …
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