In the broader markets, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both outperforming the main indices. The India VIX, a gauge of market volatility, closed 4.93% lower on Friday. Vinod Nair, Head of Research at Geojit Financial Services, noted a temporary slowdown in […]
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Stock Market Holiday: The Indian stock market will be closed for trading on Monday, June 17, in observance of Bakri Id. This closure includes all segments such as equity, derivatives, and SLB segments. Normal trading will resume on Tuesday, June 18. Additionally, the Multi Commodity Exchange of India Limited (MCX) […]
Taylor Swift’s record-breaking Eras Tour is significantly boosting consumer spending as it reaches the U.K., potentially complicating the Bank of England’s efforts to control inflation, CNBC reported. TD Securities told CNBC that the influx of hundreds of thousands of fans to London in August for Swift’s final U.K. performances could […]
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Loonie trades in a range of 1.3728 to 1.3779 * For the week, the loonie gains 0.2% * Factory sales and wholesale trade rise in April * 10-year yield hits a 4-month low at 3.260% By Fergal Smith TORONTO, – The Canadian dollar steadied against its broadly stronger U.S. counterpart […]
NEW YORK, – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The S&P 500 Consumer Discretionary Distribution & Retail index is up nearly 14% this year, roughly keeping […]
The military is detaching the causeway and moving it late Friday and into Saturday to prevent it from breaking apart as it did late last month in bad weather, the officials said, speaking on condition of anonymity to discuss military planning. The officials expect it will be back in place […]
French stocks lost roughly $200 billion in market capitalization — or about the size of Greece’s economy — this week following President Emmanuel Macron’s decision to call a snap election. The CAC 40 Index has now erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which […]
European equities steadied Friday, but remained on course for their worst week in five months as French political risks weigh on sentiment. The Stoxx 600 Index was about 0.1% higher by 8:11 a.m. in London, with health care and technology stocks faring best and industrial and consumer sectors the biggest […]
French stocks this week lost roughly $220 billion in market capitalization, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index dropped 3%, erasing all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which is set for […]