With mixed cues from Asian markets and no major positive cues, the domestic equity market is all set to see rangebound and stock-specific action on Friday.Let’s check out what all might matter to Dalal Street through the day:At 6.15 am, Nifty50 futures on the Singapore Stock Exchange were trading 8 points lower at 10,034, indicating a flat to negative opening for the domestic market.The Nifty50 on Thursday declined throughout the session but managed to hold on to 10,000 mark at the end. Contrary to general perception, an overwhelming number of people in states like Jharkhand, Sikkim, and Haryana -- where Assets Under Management (AUM) as a percentage of respective state domestic products (SDP) is low -- are trying to find out more about SIPs.MSCI's broadest index of Asia-Pacific shares outside Japan was marginally higher, with many investors reluctant to stake out fresh positions ahead of US job data later in the day, Reuters reported.cent cues domestic index June market quarter shares stock The
In our previous note, we had mentioned that technical factors will continue to weigh heavy on the market. The overbought market continued to see consolidation on Thursday and saw a modest decline of 67.85 points, or 0.67 per cent.Two things have come to light in a very dominant manner.bullish decline formation MACD market positions remains RSI signal The
Nifty index continued its profit-booking for the second consecutive session and corrected towards 10,000 mark. Now, if it sustains below 10,050, then profit-booking could continue towards 9,950-9,928 zones while on the upside hurdles are placed at 10,080 then 10,120 levels.booking corrected current formed highs levels pattern profit Rs Trend
Bharti Enterprises have dropped its plans of pursuing a mega alliance with the Tata Group’s telecom, overseas cable and enterprise services, and direct-to-home TV businesses. KPMG, one of the Big Four audit firms, will conduct a thorough inspection of the accounts of the group.Chinese India June loan maturing report Rs Videocon year yield
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DBS Group Holdings, Singapore's biggest lender, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth.
DBS, the last local bank to post results, said on Friday that net profit was S$1.14 billion ($840 million) in the three months ended June, versus S$1.05 billion a year earlier and an average forecast of S$1.15 billion from five analysts compiled by Reuters.bank DBS forecast growth loan net profit reported results strong