The First Citizen deal offered a respite after weeks of turmoil prompted by the collapse of tech-focused Silicon Valley Bank and punctuated by more bank failures and rescues. However, the impact of higher interest rates on the global economy still persists which has also been struggling with stubbornly high inflationRead More →
The trading activity in the domestic equity markets is expected to remain volatile this week as investors will focus on global cues for further direction, analysts said. F&O expiry, FII activity, and movement in the rupee and crude will also be watched by traders along with global bank stocks. 27Read More →
US market saw the worst day of 2023 on Tuesday as macro data points at higher rate scenario. The markets around the globe are keenly eyeing the US fed meeting minutes for hints on further monetary policy tightening. US Stocks extended last week’s fall on fears of higher rates forRead More →
Strong retail sales figures in the US helped investor sentiment who are cautious due to inflationary pressures and fear of recession. Meanwhile, most Adani stocks closed higher on Wednesday. MSCI said it will postpone the implementation of updates to the Foreign Inclusion Factors for two of the Adani Group companies–AdaniRead More →
US CPI data showed prices rose 0.5% in January, more than the 0.4% forecast by economists. On the other hand, Fed officials gave mixed signals about bank’s future course of action on interest rates. Meanwhile, India’s WPI inflation eased to a 24-month low in January. 15 Feb 2023, 07:29:40 AMRead More →
Investors bet that the upcoming December U.S. inflation data would be 6.5%, which would allow the Federal Reserve to slow the pace of interest rate hikes. Indian investors will keep an eye on December quarterly earnings reports from big players. 12 Jan 2023, 07:28:49 AM IST Wall Street stocks riseRead More →
