Muted business updates from corporates dent market sentiments ...Middle East

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Muted business updates from corporates dent market sentiments
source : News room odisha ( Middle East ) () 14
Mumbai: Muted monthly and quarterly business updates from corporates have dented market sentiments generally, Deepak Jasani, Head of Retail Research at HDFC Securities, said on Wednesday. Nifty closed lower for the second consecutive day on Wednesday, down 148 points at 21,517.35, pulled down by global weakness, while Sensex slipped 536 points to 71,356.6. Cash market volumes crossed Rs 1 lakh crore, Jasani said. Global stock markets extended a New Year slide on Wednesday, as market optimism about early US interest rate cuts ebbed and the latest escalation of hostilities in the Middle East weighed on sentiments. Caution was dominating the markets ahead of the release of minutes from the US

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