US Fed is on a path to begin raising its key short-term rate as early as the first half of next year.
Proficient Equities is bullish on PowerGrid with a price target of Rs 213 per share.
Nifty Realty index skyrocketed 3.50% followed by Nifty IT index surging 1.72% and Nifty PSU Bank rallied 1.64%.
Omicron coronavirus variant would not lead to lockdowns reassured U.S. President Joe Biden.
Ventura Securities is bullish on Zee Entertainment Enterprises with a price target of Rs 425 per share.
BSE MidCap index sinks 246 points or 0.99% to 24,600 while the BSE SmallCap index was trading at 27,435 diving 636 points or 2.27%.
U.S. equity futures, crude oil and Treasury yields climbed as traders tried to calibrate the possible impact of the omicron coronavirus strain
Traders should hence refrain themself from bottom hunting in the near term as long we don’t get a concretes signs of resumption of the bull run
In opening trades, Sensex nosedived 698 points or 1.19% to 58,096 while Nifty was quoting at 17,338 plummeting 197 points or 1.13%.
The Indian Navy has commissioned the Fourth Scorpene-Class Submarine i.e (INS Vela) built by Mazagon Dock Shipbuilders on 25 November 2021.