Indices snap three-day winning streak but end with weekly gains

Channel:
United Kingdom asddqq
Subscribers:
3,060
Published on ● Video Link: https://www.youtube.com/watch?v=XT7OJXfducY


Duration: 0:51
1 views
0

Indices snap three-day winning streak but end with weekly gains The indices snapped their three-day winning streak on Friday but managed to close the week slightly higher. The benchmark Sensex ended the latest session at 57,124, down 191 points or 0.3 per cent. Banking stocks were the biggest drag on the index and contributed most to the decline. This week many states have come out with restrictions for Christmas and NewYear celebrations as the number of Omicron cases rose. Covid concerns, the hawkish turn by central banks to fight inflation, and sustained FPI selling had rattled investors last week. The aggressive bond purchase programme and the near-zero interest rates by the US Federal Reserve had helped foreign fund flows to emerging markets, including India, and enabled a rally in the equity markets. "Favourable global cues led to a firm start but profit-taking at higher levels trimmed all the gains in no time and pushed the benchmark lower.



Other Videos By asddqq


2021-12-26M-cap of five of top-10 valued companies soars more than Rs 1 trillion
2021-12-26Omicron situation, global trends to guide equities this week: Analysts
2021-12-26Sensex weathers highs and hiccups to deliver a blockbuster 2021
2021-12-26TBO Tek files papers with market regulator to raise Rs 2,100-crore via IPO
2021-12-26Net AUM of overseas FoF up 216% in a year, shows Amfi data
2021-12-25SBI Card raises Rs 650 crore through private placement of bonds
2021-12-25Sensex snaps 3-day rally, ends 191pts lower; Data Patterns up 28% on debut
2021-12-25Data Patterns shares zoom 29% in stellar market debut
2021-12-25MARKETS: Sensex down 100 pts, Nifty above 17k; IT shares trade firm
2021-12-25Radico Khaitan surges 18% in 4 days, hits record high; zooms 170% in 2021
2021-12-25Indices snap three-day winning streak but end with weekly gains
2021-12-25Indian stocks' winning streak loses momentum as foreign investors exit
2021-12-25Protean eGov Technologies files IPO paperwork with Sebi
2021-12-24Data Patterns shares make a strong debut, stock lists at 28% premium
2021-12-24HSBC Mutual Fund jumps 11 spots on assets tally after LT AMC buy
2021-12-24Record public offerings binge in 2021 leaves investors hung over
2021-12-24At Rs 1.19 lakh crore in 2021, IPO bounty breaks all past records
2021-12-24CMS Info IPO sails through
2021-12-24MedPlus lists at 30.6% gain over issue price
2021-12-24LIC valuation delay may push IPO plan beyond FY22; govt confident of issue this fiscal
2021-12-24ET in the classroom: The process of filing for an IPO


Tags:
relieve stress