Wall Street today: US stocks crashed in the previous session due to a global selloff fueled by mounting recession fears among investors in the world’s largest economy. On Monday, more than $1.93 trillion was wiped out of the US stock market as the tech-heavy Nasdaq composite dropped over 1,000 points. […]
us federal reserve
Amid fresh concerns of a looming recession in the US triggered by weaker-than-expected July payroll data, expectations have soared that the US Fed could potentially propose a significant rate cut in its next policy meeting in September. July payroll data last Friday showed the US unemployment rate jumped to near […]
We are living in an era where artificial intelligence is transforming the way we interact with technology, driving innovations that were once considered science fiction. Just as the dawn of the internet revolutionized our world in the late 20th century, AI is now reshaping industries and everyday life with unprecedented […]
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first […]
Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
How will the Indian markets likely react to rate cut cues for September? Analysts see positives in the Federal Open Market Committee (FOMC), maintaining the benchmark interest rate at 5.25-5.50 per cent on Wednesday, while also signaling a potential rate cut in September. The US central bank has kept interest […]
The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the […]
The Indian equity market is experiencing a robust bull run, climbing steadily despite several challenges. Domestic equity benchmarks Sensex and Nifty 50 recovered from post-budget losses and added 0.9 per cent and 1.24 per cent, respectively, for the week, posting the eighth week of gains — registering their best weekly […]
Gold prices rose one per cent on Friday, July 26, supported by lower US Treasury yields amid growing optimism for an interest rate cut by the US Federal Reserve in September after official data showed US prices rose modestly in June. Spot gold was up about one per cent to […]
Indian stock market: Ajit Mishra – SVP, Research, Religare Broking Ltd, believes that investors should use intermediate corrective phases to accumulate quality stocks. In an interview with Mint, Mishra highlighted key market triggers for the second half of 2024, trading strategy and Indian market position in the world. Edited excerpts […]