While domestic inflation increased, what is more concerning is that US inflation reached a four-decade high
Bajaj advises investors to have definite financial goals and maintain asset allocation accordingly
This week, Bank Nifty anchored the market's surge as fresh interest in banking equities emerged
As long as it does not fall below 17,100, we suggest traders maintain a neutral to mild bullish outlook
To conclude, we sense benchmark Nifty headed for the pre-budget rally and the levels to be seen in the near term would be 17550 - 17600
Certainly, bears have lost the momentum as we do see a formation of ‘Bullish Hammer’ on the weekly chart however we are still not out of woods
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with gains
In terms of volatility, I think that's what's been happening globally. I think we are still grappling with the inflation outlook and what that really
Furthermore, credit growth, which bottomed out in April at about 5%, increased to about 7% in November
The 30-share index advanced 113.11 points or 0.20% to settle at 57,901.14 while the NSE Nifty rose 27 points or 0.16% to 17,248.40