Indian shares dragged lower by Bajaj Finance

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Indian shares gave up their gains to decline on Thursday after Bajaj Finance's disappointing quarterly update weighed on the high-flying financials sector.

That dragged the heavyweight financials sector

"Since the largest financials firm is pointing at subdued growth, it has had a ripple effect on other financials," said Siddhartha Khemka, head of retailed research at Motilal Oswal Financial Services. At its session low, the Nifty 50 breached its 100-day moving average . The index has traded between its 50- and 100-DMAs for nine straight sessions.

The indexes climbed about 0.4% earlier in the session after the minutes of the Federal Reserve's meeting showed policymakers agreed on, although they diverted from market expectations for late-year rate cuts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX Co-Founder Sam Bankman-Fried Pleads Not Guilty to Fraud, Campaign Finance ChargesSam Bankman-Fried pleaded not guilty to all eight charges against him — including fraud and violating campaign finance law — in connection to the collapse of his cryptocurrency exchange FTX. He destroyed lives. Like you all, committed a crime, of denying her hard work You may like or dislike her music, but to deny her space in pop music scene is outrageous Her impact, influence, reach and success in pop culture is unparallel And did this clear vendetta against her. Did you forget to mention they’re asking for the person who paid bail to remain unknown? Wonder why
Source: RollingStone - 🏆 483. / 51 Read more »

Deep Diving into DeFi: A Closer Look at Decentralized Finance | HackerNoonA look at decentralized finance as well as the risks and rewards - defi decentralizedfinance
Source: hackernoon - 🏆 532. / 51 Read more »