Tag Archives: Fourth

Sensex Gains for Fourth Day, Nifty Settles at 7,485

The Sensex rally continued for fourth trading session and Nifty moved closer to its crucial psychological level of 7,500 in trades on Friday on the back of buying in metal, banking and real estate stocks. In the last four trading sessions, the Sensex has surged 1,644 points, its biggest weekly gain in more than four years. The investor sentiment was ... Read More »

Mutual Funds AUM Falls for Fourth Straight Month in February

New Delhi: Assets base of the country’s mutual funds industry dropped to Rs 12.62 lakh crore at the end of February, making it the fourth consecutive monthly decline, due to lower investment in equity schemes. According to the latest data of the Association of Mutual Funds in India (AMFI), over 40 fund houses in the country together had an average ... Read More »

US Fourth Quarter Economic Growth Revised Higher

Washington: The US economy got a double dose of good news Friday. Economic growth in the final three months of 2015 didn’t slow as much as previously estimated, and consumers roared back to life in January, spending at the fastest clip in eight months. The Commerce Department said that consumer spending increased 0.5 per cent last month, the best showing ... Read More »