Markets Wrap – Fri, 6 Jan ‘23: Stocks fall, rupee depreciates; Asia, Europe markets, Gold, Crude, Crypto updates

Domestic equity indices concluded Friday’s session in the red territory with Sensex settling below 60,000 and Nifty below 17,900. The top gainers of the BSE Sensex were Mahindra & Mahindra (up 1.07%), Reliance (up 1.01%), Nestle India (up 0.57%), ITC (up 0.40%) and Larsen & Toubro (up 0.23%) while TCS (down 3.03%), Bajaj Finserv (down […]

Markets Wrap – Fri, 23 Dec ‘22: Stocks fall, rupee depreciates; Asia, Europe markets, Gold, Crude, Crypto updates

Indian equity indices ended Friday’s session in the red. The Sensex closed below 59,850 while the Nifty settled below 17,850. There were no gainers on the BSE Sensex. Tata Steel (down 4.97%), Tata Motors (down 4.07%), State Bank of India (down 3.27%) Bajaj Finserv (down 3.07%), and Reliance (down 2.96%) were the top laggards. Indian […]

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

US stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve Chairman Jerome Powell commenced his semi-annual, two-day monetary policy testimony before Congress. All three major U.S. stock indexes were languid in early trading before Powell’s prepared remarks were released as he sat down to testify before the Senate Banking Committee. “(Powell is) […]

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