The Asian markets traded higher, while the US stock market ended in the green overnight after dovish comments from US Federal Reserve officials decreased the odds of further interest rate hikes by the central bank. Investors remain watchful of the Israel-Hamas war in the Middle East and its impact onRead More →
Over the past six months, the international bonds yield has been on a haywire. The US 10-year yield has surged to nearly 5%, currently resting at 4.75%. This level was last witnessed during the global crisis of 2008, stemming from the financial catastrophe at that time. However, the current spikeRead More →
Vivaa Tradecom IPO: The initial public offering (IPO) of readymade garment manufacturer Vivaa Tradecom Ltd opened for public subscription today, September 27. Vivaa Tradecom IPO is an SME IPO and a fixed price issue of ₹7.99 crore. Vivaa Tradecom is a manufacturer and trader of clothes and garments. The company’sRead More →
This situation has arisen because, as per media reports, some Republicans in the House of Representatives want to reduce government spending significantly. They are pushing for a showdown on how the government’s money is used. What is a US shutdown? In literal terms, a shutdown means a temporary suspension ofRead More →
The Indian rupee opened 27 paise higher against the US dollar on Friday after JPMorgan’s announcement to include India in emerging market bond index, which is expected to lead to billions of dollars worth inflows. The local currency opened at 82.82 a dollar as compared to previous close of 83.09.Read More →
Domestic benchmark indices Sensex and Nifty hit their fresh record highs this week with frontline index Nifty50 breaching the psychological 20,000-mark on the back of strong macroeconomic indicators such as lower consumer price index (CPI) print, demand optimism in China, and hints of a pause in rate hike by theRead More →
JSW Infrastructure IPO: The initial public offering (IPO) of JSW Infrastructure will open for public subscription on September 25, while the anchor book will be opened for a day on September 22, multiple media reports said. Earlier, Mint reported quoting sources that JSW Infrastructure Ltd received approval from the SecuritiesRead More →
Stock market today: India has been at the center of the global political and economic discourse for some time now. As the fastest growing large economy in the world, India is viewed with respect among the comity of nations. According to IMF, India will contribute 15 percent to the globalRead More →
“In the present favourable market mood, Nifty is likely to make another attempt at a new record high trying to conquer the psychological market of 20,000. But, investors have to be cautious since fundamentals do not support a sustained rise above 20,000,” said V K Vijayakumar, Chief Investment Strategist atRead More →
The Indian stock market is likely to open on a cautious note Wednesday following mixed global cues. The trends on Gift Nifty indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 19,669 level as compared to the Nifty futures’ previous close of 19,650. TheRead More →
