Indian Equity Markets set for a steady start; RIL AGM and Adani Group Companies To Be In Focus. The fresh week is likely to begin on a stable note for domestic markets thanks to global cues. Fed’s hawkish stance and aggressive selling by foreign portfolio investors may weigh. Expect some volatility to creep in later in the week due to settlement of F&O monthly contracts this Thursday. Stocks to watch out for Monday’s trading session include Reliance Industries, Jio Financial Services, Adani Group companies, L&T among others. Join Nickey Mirchandani in a conversation with Prashant Sawant, Founder Catalyst Wealth and Hemang Jani—Market expert.
5G rollout starting Diwali, doubling the conglomerate's value in 5 years, a foray into FMCG and ramping up the new energy business. These are some of the key highlights of Reliance Industries Chairman Mukesh Ambani's speech to shareholders at the company's 45th annual general meeting. Watch the video to decode the big announcements with Moneycontrol.
European markets closed lower on Friday after Fed Chair Jerome Powell warned of some pain ahead in the fight against inflation. Stoxx 600 skid 1.7% following comments at the central bank’s Jackson Hole economic symposium. All other bourses too ended deeply in the red. On Wall Street too stocks plummeted after Powell said in his Jackson Hole speech the central bank won’t back off in its fight against rapid inflation. Stocks in the spotlight today – Cipla, Jubilant Pharmova, UltraTech Cement and RITES