City
Epaper

Equities keep early gains intact, settle in green

By IANS | Updated: April 28, 2022 17:05 IST

New Delhi, April 28 Keeping the morning session gains intact, the Indian equity benchmarks settled Thursday's trade on ...

Open in App

New Delhi, April 28 Keeping the morning session gains intact, the Indian equity benchmarks settled Thursday's trade on a positive note.

On Thursday, Sensex settled at 57,521 points, up 702 points or 1.2 per cent, whereas Nifty was at 17,245 points, up 207 points or 1.2 per cent.

Even though the indices were in the green, analysts expect volatility to continue in Dalal Street.

"Volatility is expected to continue in the short-term due to weakening global trade and we suggest investors to have rational expectations focusing on domestic growth sectors like Capex, banking and defensives," said Vinod Nair, Head of Research at Geojit Financial Services.

Investors' preference is shifting to safe-haven assets due to volatility in the equity market and besides the global uncertainties indicated by rising US dollar index, Nair added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Capital expenditureusNew DelhiVinod NairHead Of ResearchThe new delhi municipal councilDelhi south-west
Open in App

Related Stories

InternationalColorado Nightclub Raid: Over 100 Illegal Immigrants Detain at Underground Nightclub in US; Video Surfaces

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

BusinessGlobal Tech Firms Eye India for Manufacturing Amid US-China Tensions

InternationalIllinois Plane Crash: 4 Killed After Cessna C180G Aircraft Goes Down After Hitting Power Lines in Trilla

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

International Realted Stories

InternationalEgyptian FM discusses US-Iran talks with Omani, Iranian counterparts, US envoy

InternationalIndian American community mourns lives lost in Pahalgam terror attack in Kashmir

InternationalRussia claims recapture of Kursk border region, Ukraine disputes

InternationalTaiwan detects Chinese military activity near its territory

International31 civilians killed by paramilitary forces in Sudan's Omdurman: Volunteer groups