Everyday happening in Pakistan and around
Indian shares closed higher on Tuesday, driven by a surge in the financials sector following measures to stabilise the global banking system. The Nifty 50 index rose 0.70% to 17,107.50, while the S&P BSE Sensex climbed 0.77% to 58,074.68, in the biggest one-day gains since the collapse of Silicon Valley Bank on 10 March. Nine out […]
Indian shares closed lower on Monday following concerns over contagion risks in the global banking system, despite relief from UBS Group’s acquisition of Credit Suisse. The Nifty 50 index was down 0.65%, while the S&P BSE Sensex closed 0.62% lower. Investors fretted about contagion risks in the global banking system as at least two major […]
Indian shares closed higher on Friday, following a global equity rebound driven by measures to support the banking system. The Nifty 50 index finished up 0.67% at 17,100.05, while the S&P BSE Sensex closed up 0.62% at 57,989.90. However, both indexes showed losses of almost 2% for the week, mostly due to earlier steep declines after […]
Indian shares have hit a five-month low, pulled down by a fall in financial stocks prompted by Silicon Valley Bank’s collapse. The Nifty 50 dropped 1.5% to 17,154.30, while Sensex slid 1.52% to 58,237.85. Easing fears of contagion, further rate decisions are due by several central banks, and US authorities have announced plans to limit […]
