Sensex, Nifty surge 1% on Trump's lead in U.S. elections; rupee hits record low
IT index rises over 1%, led by sectoral heavyweights TCS, HCL Tech, Infosys, and Tech Mahindra.
IT index rises over 1%, led by sectoral heavyweights TCS, HCL Tech, Infosys, and Tech Mahindra.
Over FY15-24, H-1B approvals for major players like Infosys, TCS, and Wipro have declined by 50-80%.
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
At a time when India’s benchmark equity indices are hitting fresh highs every week, statistics show that gold is losing its safe haven sheen.
The real message of a Biden presidency will be more political than either strategic or economic.