Mumbai, July 5 (IANS) After ending the week on a firm note, India’s benchmark indices are expected to remain on a positive trajectory, with experts saying the Sensex could move towards the 79,000 mark and the Nifty may target 24,600 if they manage to sustain above crucial resistance levels in the coming sessions.In the previous week, the Indian stock market concluded with solid gains, supported by strong domestic macroeconomic indicators and improving investor sentiment.Robust GST collections, b…
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Mumbai, July 3 (IANS) The benchmark equity indices extended their gains on Friday, supported by strong buying in IT, realty, pharma and healthcare stocks, even as the broader market delivered a mixed performance.The Nifty advanced 95.15 points, or 0.39 per cent, to trade at 24,270.85, while the Sensex climbed 262.79 points, or 0.34 per cent, to 77,763.91.Commenting on Nifty technical outlook, experts said that the 24,400 level remains the immediate resistance.”A sustained breakout above this zon…
Washington, Jan 29 (IANS) US Federal Reserve Chair Jerome Powell said that job growth has slowed in part because of a sharp decline in labour supply driven by lower immigration. Powell on Wednesday (local time) said labour market conditions “may be stabilising after a period of gradual softening.” He said the unemployment rate was 4.4 per cent in December and has “changed little in recent months.”But job growth has been weak. “Total nonfarm payrolls declined at an average pace of 22,00…