DSIJ Mindshare

It has delivered 17 per cent returns to its shareholders in just five trading sessions! 

The month of April was a wicked one for the stock markets across the world and Indian markets were no exception as Nifty plunged 2 per cent.

At 11.45 am on Thursday, the core equity indices i.e., Sensex and Nifty 50 were trading higher by 1.30 per cent each after reaching their day’s high of 1.57 per cent. This surge in their levels comes after Federal Reserve Chairman finally hiked the funds' rates by 50 basis points on Wednesday.   

Fed Chairman also made clear that it is not planning to hike the rates by 75 basis points in the upcoming meeting in June.   

On Friday, the markets broke the losing streak and ended higher after RBI's Monetary Policy Committee kept the key rates unchanged. 

Global indices are experiencing a sharp sell-off as reports of the Russian attack on Europe’s biggest nuclear plant in Ukraine kept tension levels on the higher side.