Live Markets »News & Advice»Most Read»Most Read Details
Most Read Details

Nifty settles below 9,800, down over 1.5% for the week; Sensex ends flat

SI Reporter/New Delhi 29 Sep 17 | 03:31 PM

Benchmark indices pared gains to end flat, losing over 1.5% in the week on foreign fund outflows amid worries that the government may widen its fiscal deficit target of 3.2% of gross domestic product for the year ending in March 2018 to boost an economy that grew at a slower pace than expected.

Foreign investors net selling equities worth $1.1 billion during the month. They had sold worth $2 billion in shares in August.

Related Stories

    No Related Stories Found
Widgets Magazine

Markets saw a tough month in September as a slew of negative global and domestic factors, including expectations of further rate hikes by the US Federal Reserve and a weaker-than-expected economic growth at home, hit sentiment.

Meanwhile, the rupee also strengthened to as much as 65.28 per dollar, but was still down over 2% for the month against the dollar, its biggest monthly decline since November 2016.

Globally, Asian shares regained some poise after a tough week in which the gathering risk of a US rate rise lifted Treasury yields toward nine-year highs and left the dollar on track for its best week so far this year.

Widgets Magazine


Company Price Gain (%)
Bharti Airtel473.852.66
M & M1,374.450.23
Asian Paints1,180.200.02


Given the current crisis at Infosys, what would your investment strategy in the company's stock be?

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine