Crude oil prices lost their gaining streak and declined on Tuesday, July 16, as investor sentiments were weighed down by worries that a slowing Chinese economy would crimp demand. This was despite a growing consensus that the US Federal Reserve could begin cutting its interest rate as soon as September. […]
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Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open flat on Tuesday tracking mixed global market cues. Asian markets traded mixed, while the US stock market ended higher amid rising hopes of a second Donald Trump presidency and bets that the US Federal […]
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session […]
Gold Prices Today: The yellow metal held above the key $2,400 per ounce pivot on Friday, July 12, and were headed for their third straight weekly gain, as investors grew confident that the US federal Reserve was on track to lower interest rates soon after the latest consumer price-based inflation […]
The Indian stock market benchmarks posted healthy gains on Friday, July 12, as investor risk appetite increased on hopes that the US Federal Reserve was nearing the start of a rate cut cycle. The hope was fuelled after the June inflation data came slower than expected. Cooling for the third […]
International crude oil prices of Brent hit their highest level since April 2024 on Thursday, July 4, holding above the $87/barrel-mark after industry data showed a decline in US inventories. The surge in crude prices followed a larger-than-expected decline in US crude stocks after the US Energy Information Administration (EIA) […]
Indian stock market: The domestic equity market is expected to open higher on Thursday tracking positive cues from global peers. Asian markets traded higher, while the US stock market ended mostly in the green overnight after data pointed to a softening economy, raising hopes for an interest rate cut by […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat with a positive bias on Tuesday amid mixed cues from global peers. Asian markets traded lower, while the US stock market ended higher overnight led by gains in megacap tech stocks. The US […]
Crude oil prices pared some gains on Friday, June 28, but were on track for a weekly gain as investors weighed poor US fuel demand, but US inflation data for May boosted hopes for sooner interest rate cuts by the US Federal Reserve. Crude oil benchmarks gained almost six per […]
Brent futures rose four cents, or 0.1 per cent, to $85.75 a barrel, while US West Texas Intermediate (WTI) crude for August delivery remained unchanged at $81.29 from where it closed on Thursday. That put Brent on track for its highest close since April 30 for a second day in […]