Markets traded volatile in the continuation to the prevailing consolidation phase but managed to edge higher. The beginning was subdued however gradual recovery in the following sessions not only pared losses but also helped the index to close around the week’s high. On the benchmark front, both Nifty and SensexRead More →
FPIs have sold ₹3,776 crore worth of Indian equities and the total inflow stands at ₹19,608 crore as of February 16, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. Foreign institutional investors (FIIs) were buyers for three out of five sessions lastRead More →
Domestic equity benchmarks BSE Sensex and Nifty 50 logged weekly losses but ended the week higher supported by banks. On the sectoral front, indices gave a mixed performance with PSU bank rising the most becoming the top performer and the FMCG sector declined the most. Markets traded lackluster in aRead 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 →
Global market today: US stock market registered sharp gains on Thursday as all three major indices finished in green territory and US treasury yield started to climb after strong earnings pushed investors to look beyond signs of weak economic outlook. In Asian markets, Japanese Consumer Price Index (CPI) data beatRead More →
Global market today: Amid rising concern about economic crisis, key benchmark indices of the US stock market closed lower on Thursday. However, US dollar continue to sustain above 101 levels as speculations are rife about the US Fed rate hike in upcoming meeting. Despite falling sharply this week, crude oilRead More →
Global market today: Key benchmark indices of the US stock market ended red after retreat in US dollar price from one year lows. After hitting one year low of 100.80 levels, Dollar Index rebounded strongly on Friday deals and regained 101 levels. In early morning deals on Monday in AsianRead More →
Global stock market today: Four day rally in US stock market took a pause after sell off trigger in bank stocks. US dollar rate nosedived after softer US job date fueled speculation on US Fed may soon conclude its tightening campaign. Weakness in US dollar pulled gold and silver pricesRead More →
Global market update: Tech stocks at US stock market continue to ascend last week as tech heavy Nasdaq index appreciated to the tune of 3 per cent in the week gone by. However, global sentiments will be dominated by surprise output cut by OPEC+ countries as crude oil price hasRead More →
Global market update: The US equity market whipsawed on Wednesday, even after the Fed chief’s reassurance that no decision has been made on the size of a rate increase in March and the central bank is not seeking to cause a recession. The US dollar was steady on the dayRead More →
