Tag: Indian equity markets

By Rituraj Baruah and Porisma P.Gogoi, Mumbai : Forecast of normal monsoon rains, along with healthy earnings in the IT sector, lifted the Indian equity markets during the week ended Friday. Besides, supportive global cues, coupled with expectations of healthy corporate earnings, led the two equity indices -- the BSE Sensex and the NSE Nifty50 -- to extend their rise for the fourth consecutive week. However, higher crude oil prices, along with a weak rupee and heavy selling pressure in banking stocks -- triggered by a likely hawkish stand of the Reserve...