European stocks gained, boosted by a record-high close on Wall Street, after Federal Reserve Chair Jerome Powell said inflation was heading downwards. The CAC 40 Index outperformed at open, rising 0.7% as of 9:20 a.m. in Paris, as more than 200 candidates withdrew from France’s second election round in an […]
French stocks outperformed the broader European benchmark on Wednesday, as the country’s political parties maneuvered to block the far-right from obtaining an absolute majority in Sunday’s vote. The CAC 40 Index rose 1.2% at the close in Paris. Heavyweights such as LVMH and BNP Paribas SA were among top performers, […]
Wall Street traders sent stocks higher as bonds yields fell after a string of weaker-than-estimated economic reports reinforced the case for the Federal Reserve to start cutting rates this year. In a shortened session ahead of the US holiday, the S&P 500 hit a fresh all-time high on bets Fed […]
Bitcoin’s price could reach a new all-time high in August and potentially climb to $100,000 during the U.S. presidential election in November, according to a report by Standard Chartered, as quoted by media reports. Geoffrey Kendrick, Standard Chartered Bank’s head of forex and digital assets research, was quoted as saying […]
The 30-share BSE Sensex achieved the historic 80,000 mark for the first time on Wednesday, July 3, fuelled by its fastest-ever 10,000-point bullish rally in record 58 sessions. The benchmark index hit the historic 80,000 level in six months, including a special live trading session on May 18, after hitting […]
Gold prices surged over 1% to reach a nearly two-week peak, buoyed by growing expectations of a Federal Reserve interest rate cut in September following indications from recent U.S. data showing a softening labor market, on Wednesday. Spot gold rose 1.4% to $2,362.32 per ounce by 10:09 a.m. ET (1409 […]
Indian stock market: The market benchmarks—the Sensex and the Nifty 50—recorded substantial gains, reaching new all-time highs during the session and closing at fresh peaks, on July 3. The Sensex surpassed the significant 80,000 mark for the first time, peaking at 80,074.3 during the session. Meanwhile, the Nifty 50 also […]
Emcure Pharmaceuticals initial public offerings (IPO), which opened for subscription on Wednesday, was fully subscribed by the later half of the first day of bidding, driven by strong demand from non-institutional investors. The issue has been subscribed 1.22 times in the retail category and 1.92 times in the NII portion, […]
Investing in the stock market has long been recognised as a pathway to potential wealth creation. One of the fundamental principles of investing in the stock market is the importance of time. The ability to identify and hold onto promising stocks over an extended period of time can yield significant […]
The latest circular by the capital market regulator Securities and Exchange Board of India (SEBI) on charges levied by market infrastructure institutions (MIIs) may significantly impact the revenue of brokerage firms and overall trading volume as well, according to experts. SEBI, in its circular on Monday, July 1, communicated that […]