The Reserve Bank of India (RBI) has announced a change in the URL for its Database on Indian Economy (DBIE) portal, enhancing user experience and prioritizing accessibility and usability of critical economic data for researchers, policymakers, and the public.
Wall Street opened with a cautious tone post-Juneteenth holiday break. The S&P 500 and Nasdaq 100 dipped due to profit-taking in chipmaker stocks. Energy rebounded, surging oil prices boosted oil companies, and Treasury yields rose.
The stock market is poised for a strong start today with both Nifty and Sensex indices expected to open higher, supported by a 100+ point rise in GIFT Nifty futures. Positive economic data, strong corporate earnings, and favorable global cues contribute to the optimistic outlook. Key sectors in focus include IT, pharmaceuticals, and banking, with experts anticipating significant activity from stocks like Reliance Industries and Infosys.