US stock index futures edged higher on Monday on optimism around China reopening its borders, while signs of cooling in the labor market boosted bets of a slower pace of rate hikes by the US Federal Reserve. After being clobbered in 2022 by the Fed’s fastest pace of rate hikes since the 1980s, Wall Street […]
By Dharmesh Shah Equity benchmarks extended correction over the second consecutive week amid elevated global volatility. The Nifty skidded 2.9% to end the truncated week at 17102. Sectorally, financials, auto and PSU outshone while IT, metal, realty underperformed. The index started the expiry week on a negative note and drifted southward in the initial part […]
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