Stocks eased on Wednesday, while the dollar was under a little pressure, as traders shifted focus from U.S. banking stress to expectations for an imminent peak in the Federal Reserve‘s interest rate cycle. MSCI’s index of Asia shares outside Japan dropped 0.5% to retreat further from Monday’s two-month high, and in morning trade Japan’s Nikkei […]
Indian equity indices ended Wednesday’s session in the red territory. The Sensex closed below 60,700 while the Nifty settled below 18,100. The top gainers of the BSE Sensex were Maruti (up 0.22%) and TCS (up 0.10%) while Tata Steel (down 2.32%), Tata Motors (down 2.09%), Power Grid (down 1.99%), Wipro (down 1.83%) and Infosys (down […]
Russian President Vladimir Putin extended an invitation to Indian Prime Minister Narendra Modi during his meeting with External Affairs Minister S Jaishankar in Moscow on December 27. In the meeting, President Putin expressed his eagerness to welcome Prime Minister Modi to Russia, highlighting the opportunity to discuss current issues and explore the prospects for the […]
If 2022 was the year when US equities suffered multiple contractions from monetary tightening, the year 2023 would be the one when earnings downgrades will hit the stock markets if the US recession forecast proves to be accurate. This is now the key issue in world financial markets, said Christopher Wood, global head of equity […]
More than a dozen Israeli soldiers were killed in combat in the Gaza Strip over the weekend, the Israeli military said Sunday, in some of the bloodiest days of battle since the start of Israel’s ground offensive in late October and a sign that Hamas is still putting up a fight despite weeks of brutal […]
Taiwanese and South Korean stock markets ended Friday’s session in the negative territory following the weak sentiment in global markets. FTSE TWSE Taiwan 50 Index fell 185.15 points or 1.68% to 10,839.24 and KOSPI Composite Index dropped 43.04 points or 1.83% to 2,313.69. The Taiwan 50 Index touched an intraday high of 11,024.39 and a […]
A short-lived bounce for global stocks faded on Thursday, as easing U.S. inflation expectations were overshadowed by fears about an economic downturn. Futures markets indicated Wall Street‘s benchmark S&P 500 share index would drift 0.2% lower at the opening bell, having gained 1.5% in the previous session. Contracts on the tech-focused Nasdaq 100 also fell […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Tuesday despite mixed global cues, while the silver rate is up 0.55%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,706 per 10 grams, up Rs 64 or 0.11%. Silver May futures were trading higher by Rs […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday despite negative global cues, while the silver rate is up 0.12%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,887 per 10 grams, up Rs 302 or 0.53%. Silver March futures were trading higher by Rs […]
HDFC Bank share prices tumbled 2.1% to Rs 1,656.9 per share in early trade on Monday as the lender’s Q4FY23 PAT clocked in at Rs 120.5 billion, up 19.8% on-year but down 1.7% QoQ. This was primarily on the back of healthy growth in net interest income (NII) and lower provisions. On Thursday, prior to […]
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