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World stocks scored a third straight record high on Thursday as renewed hopes of interest rate cuts in the United States and other major economies extended a month-long global bull run.
U.S. stocks closed with small gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors evaluated the latest comments from Federal Reserve officials for clues on the timing of a rate cut while quarterly earnings from Nvidia drew closer.
India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday.
Vodafone Idea to raise Rs 2,075 crore via preferential allotment of shares to AB Group
Muthoot FinCorp records highest-ever loan disbursement in FY24 at Rs 61,703 crore
Glenmark unit ties up with BeiGene to market cancer drugs in India
Most stocks in the Asia-Pacific region were trading mixed
Nifty struggled to find a direction on May 21 as India moves closer to the election results day. At close, Nifty was up 0.12% or 27.1 points at 22529.1. The sideways move continues, and Nifty could now face resistance in the 22578-22775 band while 22198 could offer support in the near term.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and positive US markets on May 21 |
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