Indian institute of information technology-lucknow, University in Ahmamau, India

New Delhi [India], June 26 : Indian stock indices traded marginally higher Monday morning after having settled in the red the previous session.Sensex and Nifty were 0.2-0.3 per cent higher at the time of writing this report.According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the global stock market rally appears to be losing steam."Last week S&P 500 lost its 5-week winning streak and in India last week the Mid and Small-cap indices lost their 12-week winning streak. The next two days will decide whether this trend will sustain or not," Vijayakumar noted, advising investors to "wait and watch" for new directions in the financial market.According to Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, weak global cues are largely weighing on the sentiment and prompting profit-taking across markets including in India.Notably, Indian stock indices peaked last week on various firm economic indicators - including inflation, GDP, and investments outlook.The inflation in the US and India is moderating, but what is to be seen is whether this trend is sustainable.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

Indian Institute Of Information Technology-LucknowFOLLOW

Indian institute of information technology-lucknow, Latest News

Jaipur (Rajasthan) [India], June 26 : The Maharashtra Ironmen have been crowned the champions of the first-ever season of ... ...

Mumbai (Maharashtra) [India], June 26 : Actor Arjun Kapoor, who turns a year older on Monday, pulled a fun ... ...

VMPL New Delhi [India], June 26: JUZZ-IT collaborating with industry experts to provide students with practical industry-relevant experience and ... ...

New Delhi [India], June 26 : IT services firm Infosys on Monday announced it was selected by Danske Bank ... ...

Mumbai (Maharashtra) [India], June 26 : Megastar Amitabh Bachchan never misses a chance to meet and greet his fans ... ...

Chennai (Tamil Nadu) [India], June 26 : A 24-year-old housekeeping staff was crushed to death at a hotel in ... ...

New Delhi [India], June 26 : Chairman and Managing Director of Food Corporation of India Ashok KK Meena said ... ...

New Delhi [India], June 26 : Indian stock indices traded marginally higher Monday morning after having settled in the ... ...