(Bloomberg) — Fund raising by Indian companies will become cheaper after inclusion of country’s sovereign bonds in JPMorgan emerging markets index, according to a Bloomberg report. “With the foreign investor share in India government bonds getting larger, the domestic investors will be able to focus on the broader debt issuances […]
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The Nifty-50 reached the 24,000 mark on June 27, 2024, closing above this level for the first time. This latest 1,000-point rally was the fastest ever, taking just 0.8 months or 17 sessions, highlighted brokerage house Geojit Financial Services in a recent note. Additionally, the index has added 5,000 points […]
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This […]
Nirmala Sitharaman, in her second successive term as India’s finance minister, will present the federal budget for 2024-25 next month. Foreign institutional investors, or FIIs, have turnedbullish ahead of the budget not just in the cash segment of Indian equities but also on the derivatives segment. The Lok Sabha election […]
– Gold prices steadied on Friday and were headed for a third straight quarterly gain after a key U.S. inflation report was broadly in line with expectations, boosting hopes that the Federal Reserve could cut interest rates by September. Spot gold was steady at $2,326.47 per ounce, as of 1833 […]
Bullion up about 4% for the quarter Palladium up 5% for the day, down for third straight quarter June 28 – Gold prices steadied on Friday and were headed for a third straight quarterly gain after a key U.S. inflation report was broadly in line with expectations, boosting hopes that […]
(Bloomberg) — Spanish bakery firm Europastry SA postponed its initial public offering, becoming the latest European firm to halt listing plans amid the region’s faltering IPO revival. Europastry enjoyed broad support from investors in recent months, but unfavorable market conditions in the past few weeks and heightened volatility during […]
Traders add to Fed rate cut bets as inflation eases Nike slumps after results Infinera jumps after Nokia to buy company Indexes down: Dow 0.3%, S&P 0.17%, Nasdaq 0.21% By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl U.S. stocks were muted on Friday after an early rally fizzled as […]
NEW YORK, – BlackRock won a fight with hedge fund manager Boaz Weinstein this week when shareholders voted at four of its closed-end funds to keep the asset manager’s directors in place and retain it as the manager, new data released on Friday show. Weinstein’s Saba Capital Management, a large […]
The whipsawing of rates in the market for repurchase agreements suggests that the collapse in funding costs seen earlier in the year has come to an end. Funding rates — the cost of financing holdings of Treasuries — typically march higher at the end of the quarter as banks rein […]