Global market setup remains positive as Asian markets traded higher while the US shares ended mixed overnight. The equity benchmark indices on Tuesday ended at their record closing highs as market sentiment remained upbeat following strong macro numbers and BJP’s victory in the three large states. The Sensex jumped 431.02Read More →
The Indian stock market witnessed a stellar rally with both the benchmark indices, Sensex and Nifty 50, at their all-time high levels. Strong domestic cues and the return foreign capital into Indian equities have supported the upside momentum. The domestic equity indices are expected to open flat with a positiveRead More →
The US stock market indices ended higher on Friday with the S&P registering its highest close of the year on Friday, as remarks from US Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked. All three major US stock indexes gained, notching their fifth consecutiveRead More →
On Wall Street in the week ahead, investors will be eyeing key economic data that include gross domestic product (GDP) numbers and PCE reports, and OPEC+ meet. The US GDP (second estimate) data for third quarter is set to be released on November 29. The economic reports could provide cluesRead More →
Wall Street benchmarks, on Friday, secured weekly increases, with global stocks heading towards their most substantial one-month surge since November 2020. This occurred in a truncated and subdued trading session post the U.S. Thanksgiving holiday, as per a report by Reuters. Oil futures remained stable in anticipation of the upcomingRead More →
The Asian markets traded mixed, while the US markets were shut for a Thanksgiving holiday. Declining oil prices and ease in US bond yields are likely to support the domestic equities and remain key positives for a broader recovery for the market. The domestic equity market ended flat on ThursdayRead More →
Asian markets traded mostly lower and US stocks gained overnight while treasury yields rose on expectations that US inflation will remain high. The domestic benchmark indices ended Wednesday’s volatile session marginally higher amid mixed global cues. The Sensex closed 92.47 points, or 0.14%, higher at 66,023.24, while the Nifty 50Read More →
In the week ahead on the Wall Street, the focus of investors will be on the release of a Federal Reserve survey on banking conditions and the US trade deficit data. The Fed Senior Loan Officer Opinion Survey (SLOOS) is to be released on November 6 and the trade deficitRead More →
Investors have shown confidence in the US stock market after a month-long selloff. The relationship between stocks and bonds has been a tight one in recent months, with equities falling as Treasury yield climbed to a 16-year high. Higher yields offer investment competition to stocks while also raising the costRead More →
World markets today: Global stock indices were higher on Tuesday a day before the US Federal Reserve’s monetary policy outcome. The US central bank is expected to keep interest rates unchanged. The MSCI’s gauge of stocks across the globe gained 0.33%. Wall Street The Dow Jones Industrial Average rose 135.04Read More →
