Mumbai: Indian stock markets opened sharply higher on Monday, November 2, with the BSE Sensex surging nearly 719 points and the NSE Nifty crossing 23,200. Strong buying in energy, automobile and information technology stocks supported the rally despite mixed global market cues. At the opening bell, the Sensex climbed 718.71 points, or 0.97%, to 75,178.24. The Nifty gained 169.20 points, or 0.73%,…
A Fed rate hike in December is now the market's base case as a tech selloff, a weak China PMI and dearer oil jolt world markets before US midterm elections.
The market detects exhaustion signals in the stock market rally and is once again focused on bonds. But the risk of new rate hikes complicates the return to fixed income.
(RTTNews) - Indian shares opened on a buoyant note on Monday, with easing oil prices and renewed buying from foreign institutional investors amid concerns over the outlook for AI trade elsewhere…
