Indian markets stay afloat despite Brexit’s global jitters - News Summed Up

Indian markets stay afloat despite Brexit’s global jitters


MUMBAI: After the post-Brexit carnage on Friday, Monday was a relatively quiet session for investors with all the three markets — stocks, bonds and rupee — closing marginally higher. In Asia, however, Nikkei in Japan closed 2.4% higher while Shanghai Composite in China closed 1.5% higher, while Hang Seng in Hong Kong ended flat. "The rupee could see volatility in the coming weeks as global markets remain angsty. Among the laggards IT stocks were hammered the most with TCS, Infosys and Wipro among the top declines. Crisil has retained its forecast of 7.9% GDP growth for India for the current fiscal with agriculture as the swing factor.


Source: Times of India June 27, 2016 21:10 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */