BEIJING/HONG KONG (Reuters) - China's sweeping regulatory crackdown of recent months does not aim to rein in the country's private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week.
On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week
Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares
RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished
Travel & leisure stocks snap 4-day losing streak; weaker metal prices weigh on miners
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
August CPI grows at slowest pace in six months; energy, financials retreat from early gains
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
Biden corporate tax hike in focus; S&P energy sector jumps 3.3%
However, healthy buying in the broader market kept overall market breadth in the favour of the buyers
The S&P 500 has gone 34 days without rising 1% in any of them
In the two decades since terrorists destroyed Twin Towers, downtown Manhattan has undergone a transformation, drawing in residents to luxury condos while office buildings have struggled to keep tenant
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
The domestic benchmark indices extended their gains to the third day in a row on Monday
The BSE MidCap index closed 0.35 per cent higher after hitting a new peak of 24,454 in the intra-day deals
Weekly jobless claims fall; Netflix hits record high
Wall Street futures were pointing modestly higher again while expectations that global stimulus will remain abundant also helped crytocurrency bitcoin get back above $50,000
TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today