Compared to their lowest levels this year, the Indian stock indices are almost back to their highs. So, what’s driving this bullish run and how long will it last?
The speed with which RIL shares are rising and looking at its further potential, it is a matter of months before Ambani, who is currently world’s 5th richest person with a fortune of $81 billion, overtakes Mark Zuckerberg of Facebook and Bernard Arnault of Louis Vuitton.
The economic uncertainty and the state of individual finances has impacted investments. Several retail investors say they are in no position to consider fresh investments at this time.
The 30-share benchmark of the Bombay Stock Exchange (BSE) gained 637 points (2.03 per cent) at 32,009 and Nifty-50 was up by 187 points (2.03 per cent) at 9,384 points respectively.
Approximately 30,000 PNRs were generated and reservations to more than 54,000 passengers were issued till 9:15 pm, Monday, the Indian Railways informed.
The impending disinvestment of LIC through an IPO has all worrisome angles covered, but the gravity of this unprecedented act is not lost on policyholders, agents, employees and potential investors
Post-lockdown, the world of work won’t be what we used to know. For many, the uncertainty of livelihood would likely linger much longer, and
be no less painful.
Indian bourses tanked over 37% in 25 sessions amidst sharp jump in trading volume and turnover but investors would do well to note that the markets have historically faced such situations and recovered from it