Key equity market barometers ended with small gains after a volatile session on Monday. After initial losses, the market bounced back in early afternoon trade supported by gains in HDFC and Reliance Industries.Gains were capped as IHS Markit expects India’s real GDP growth in 2019-20 fiscal to be slightly below 5%. Sentiment was also fragile as the Reserve Bank of India (RBI) unexpectedly left interest rates unchanged on Thursday.
Global Markets
HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the lender’s investment banking business.European stocks edged down with U.S. equity futures and most Asian shares rose as investors looked ahead to a week brimming with potential catalysts, from central bank meetings to a looming AmericaChina tariff deadline.The Stoxx Europe 600 Index dipped 0.2%.
Nifty Chart
Nifty Outlook
