Markets sink to 5-month lows on gloomy macro data, Fed comments; Nifty ends below 11k
5 years, 7 months ago

Markets sink to 5-month lows on gloomy macro data, Fed comments; Nifty ends below 11k

India Today  

Equity benchmarks crashed to five-month lows on Thursday as lacklustre macroeconomic data and hawkish comments from the US Fed further dented risk appetite. On the global front, the US Federal Reserve reduced the benchmark lending rate by 25 basis points to 2.0-2.25 per cent on Wednesday for the first time in more than a decade. Official data released after market hours on Wednesday showed that growth of eight core industries dropped to 0.2 per cent in June, mainly due to contraction in oil-related sectors as well as cement production. Sectorally, BSE metal emerged as the biggest loser, falling 3.37 per cent, following poor Chinese factory output data. The global oil benchmark Brent crude futures fell 1.05 per cent to USD 64.37 per barrel.

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History of this topic

Stock market today: Wall Street rises ahead of Fed announcement
1 week ago

Stock market today: Wall Street rises ahead of Fed announcement

Associated Press  

NEW YORK — U.S. stock indexes are rising Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. Virtually all of Wall Street is expecting the Fed to announce no change to its main interest rate this afternoon, as it waits to see how conditions play out. …

Brent logs biggest weekly loss in 4 months, US WTI crashes 4%: Goldman Sachs eyes downside risk ahead of OPEC+ supply
Trending News
2 weeks, 4 days ago

Brent logs biggest weekly loss in 4 months, US WTI crashes 4%: Goldman Sachs eyes downside risk ahead of OPEC+ supply

Live Mint  

Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with Ukraine. In early trade, Brent jumped as high as $71.40, while WTI hit $68.22 after Russia's Deputy Prime Minister Alexander Novak told reporters that the OPEC producer group will go ahead with its …

Sensex sinks below 73,000 amid global equity rout on tariff war worries
3 weeks, 1 day ago

Sensex sinks below 73,000 amid global equity rout on tariff war worries

The Hindu  

Falling for the third straight day, benchmark BSE Sensex declined by 96 points to close below the 73,000 mark on Tuesday amid global equity rout on tariff war worries and persistent foreign fund outflows. Global tariff worries: Sensex drops below 73,000 Extending the losses for the 10th straight session, the 50-share Nifty of NSE fell by 36.65 points or 0.17% …

Stock markets decline in early trade amid relentless foreign fund outflows
1 month, 2 weeks ago

Stock markets decline in early trade amid relentless foreign fund outflows

The Hindu  

Market benchmark indices Sensex and Nifty declined in early trade on Tuesday amid unabated foreign fund outflows and fresh U.S. tariffs that ignited trade war fears. Declining for the fifth day running, the 30-share BSE benchmark Sensex dropped 201.06 points to 77,110.74 in initial trade. From the 30-share blue-chip pack, Power Grid, Zomato, Tata Motors, UltraTech Cement, Bajaj Finserv, Sun …

Markets slump in early trade amid Trump’s fresh tariffs threat, foreign fund outflows
1 month, 2 weeks ago

Markets slump in early trade amid Trump’s fresh tariffs threat, foreign fund outflows

The Hindu  

Benchmark indices Sensex and Nifty declined in early trade on Monday amid fresh tariffs concerns and unabated foreign fund outflows. Metal stocks led losses in Indian shares after President Donald Trump said he would impose new tariffs on all steel and aluminium imports into the U.S., in addition to further reciprocal tariffs. Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical …

Markets settle lower after RBI policy; continuous foreign fund outflows dent investors’ sentiment
1 month, 2 weeks ago

Markets settle lower after RBI policy; continuous foreign fund outflows dent investors’ sentiment

The Hindu  

Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI’s rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows. “As the rate cut did not spring any major surprise, investors did not find anything interesting in the new RBI governor’s comments which resulted in a steady …

Sensex, Nifty fall sharply as D-Street remains edgy ahead of RBI's rate decision
1 month, 3 weeks ago

Sensex, Nifty fall sharply as D-Street remains edgy ahead of RBI's rate decision

India Today  

Benchmark stock market indices ended the trading session on a weak note as volatility gripped Dalal Street ahead of the Reserve Bank of India’s crucial rate decision. Prashanth Tapse, Senior VP, Mehta Equities Ltd, said, "Despite logging sharp gains in the first few minutes of opening trades, markets slipped into the red and moved in a narrow range with a …

Week Ahead: RBI Policy, Q3 earnings, FII activity among key market triggers for Nifty
1 month, 3 weeks ago

Week Ahead: RBI Policy, Q3 earnings, FII activity among key market triggers for Nifty

Live Mint  

Indian markets closed the special Budget Day trading session on February 1 with little movement, as investors responded negatively to the Union Budget 2025's capital expenditure figures. "The domestic benchmark index, Nifty, opened positively, saw buying interest in the first half, but witnessed heavy volatility post-union budget and settled flat to negative at 23,482. Crude Oil Prices Oil prices ended …

ECB to look past Trump risk and push on with rate cuts
1 month, 3 weeks ago

ECB to look past Trump risk and push on with rate cuts

Raw Story  

by Sam Reeves Despite U.S. President Donald Trump's saber-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track. "We are confident of seeing inflation at target in the course" of this year, President Christine Lagarde said in an interview with US broadcaster …

Fed leaves rates unchanged, sees no hurry to cut again
Trending News
1 month, 3 weeks ago

Fed leaves rates unchanged, sees no hurry to cut again

Live Mint  

* US central bank leaves policy rate in 4.25%-4.50% range * Officials still waiting for clarity on Trump policies * 'We do not need to be in a hurry,' Powell says By Howard Schneider, Michael S. Derby WASHINGTON, Jan 29 - The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would …

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
1 month, 3 weeks ago

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump

Associated Press  

WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. In a statement, the Fed said the job market is “solid,” and noted …

Indian Share Markets Beat Global Concerns, Sensex Rallies Over 350 Points, Nifty Tests 22,900
1 month, 3 weeks ago

Indian Share Markets Beat Global Concerns, Sensex Rallies Over 350 Points, Nifty Tests 22,900

ABP News  

The Indian equity benchmark indices attempted to recover the losses from the previous trading session on Tuesday. The Nifty Microcap 250 index dominated the laggards and declined 3.33 per cent in the session so far. Meanwhile, the Nifty 50 and Nifty Next50 stood out as the only gainers among the indices and inched up 0.22 per cent and 0.09 per …

Stock market action today: Sensex, Nifty tumble 800 and 200 points amid weak global peers, foreign fund outflows
2 months, 1 week ago

Stock market action today: Sensex, Nifty tumble 800 and 200 points amid weak global peers, foreign fund outflows

The Hindu  

Equity benchmark Sensex cracked over 1,000 points to dive below the 77,000 level on Monday, tracking heavy selling in global equities and a spike in international crude prices. A strong US jobs data that dampened early rate cut expectations, the rupee logging its steepest single-day fall in nearly two years and unabated foreign fund outflows also dampened investors’ sentiment. “The …

Sensex, Nifty extend losses into 3rd session on surging crude prices, FII outflows
2 months, 2 weeks ago

Sensex, Nifty extend losses into 3rd session on surging crude prices, FII outflows

The Hindu  

Equity benchmark indices Sensex and Nifty nursed losses for the third consecutive session on Friday, in lockstep with a weak trend in global equities as concerns over economic growth and a slowdown in quarterly earnings sapped investors’ risk appetite. Surging crude oil prices and a strengthening dollar index also contributed to the weak trend in equities. “Domestic market sentiment remained …

Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
2 months, 2 weeks ago

Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts

CNN  

New York CNN — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. “The strong jobs report sent yields higher amid expectations for the Fed to pause its rate cutting cycle for a significant period of time,” Ross Mayfield, an investment strategist at Baird, wrote in a …

Wall Street recoils after good news on the economy raises inflation worries
2 months, 2 weeks ago

Wall Street recoils after good news on the economy raises inflation worries

LA Times  

The New York Stock Exchange is shown in New York’s Financial District on Dec. 31, 2024. U.S. stocks fell Friday on worries that good news about the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high. Stocks took their cue from the bond market, where yields leaped to …

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
2 months, 2 weeks ago

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

The Hindu  

Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. The minutes also showed that “almost all” Fed policymakers see a greater risk than before that inflation could stay higher than they …

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Trending News
2 months, 2 weeks ago

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

Associated Press  

WASHINGTON — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. Fed Chair Jerome Powell said at a news conference after the meeting that the decision to reduce rates had been …

Stocks hit, dollar slips in illiquid year-end profit taking
2 months, 3 weeks ago

Stocks hit, dollar slips in illiquid year-end profit taking

Live Mint  

By Alden Bentley, Naomi Rovnick and Ankur Banerjee NEW YORK/LONDON/SINGAPORE -U.S. stocks wrapped up Christmas week on Friday with retracements of double-digit uptrends, and, alongside the dollar to a smaller degree, succumbed to profit taking in illiquid markets heading into the last weekend of 2024. "I’ve heard anecdotes that pension funds are rebalancing ahead of year-end, selling stocks and buying …

Oil Dips in Thin Trading on Soft US Data, Natural Gas Outlook
3 months ago

Oil Dips in Thin Trading on Soft US Data, Natural Gas Outlook

Live Mint  

Oil edged lower in light holiday trading on soft US jobs data and a retreat in natural gas futures. US natural gas futures fell by more than 5% Thursday, dragging down the energy complex after forecasts pointed to lower-than-anticipated heating demand. Helping to set a floor on prices, the American Petroleum Institute said commercial crude inventories fell 3.2 million barrels …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
3 months ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Oil sheds 3% in 5 days on US Fed rate cut outlook, weak Chinese demand; Brent slips below $73/bbl
3 months ago

Oil sheds 3% in 5 days on US Fed rate cut outlook, weak Chinese demand; Brent slips below $73/bbl

Live Mint  

International crude oil prices settled little changed in the previous session after markets weighed weak Chinese demand and fewer interest rate-cut expectations by the US Federal Reserve after recent prints of US inflation. -The US dollar retreated from a two-year high but was heading for a third consecutive week of gains after data showed cooling US inflation two days after …

Sensex Continues Downward Trend for Fifth Straight Session Amid Global Rate Cut Concerns
3 months ago

Sensex Continues Downward Trend for Fifth Straight Session Amid Global Rate Cut Concerns

Deccan Chronicle  

Indian stock markets opened lower on Friday, extending the losses for the fifth consecutive session, as investors continue to grapple with mounting concerns about the global economic environment. Both indices have been under pressure in recent sessions, with the ongoing slump reflecting growing unease among investors about global interest rate policies, particularly those of the US Federal Reserve, and their …

Stock markets continue to decline, Sensex ends 1,200 points lower, Nifty slips 364 points
3 months ago

Stock markets continue to decline, Sensex ends 1,200 points lower, Nifty slips 364 points

Hindustan Times  

Indian stocks edged lower on Friday, dragged down by declines in IT and financial sectors, as investor concerns persisted over the Federal Reserve's forecast of fewer interest rate cuts next year, prompting a wave of foreign fund outflows. The BSE Sensex closed 1,176 points lower at 78,041.59, and the NSE Nifty slipped 1.52 per cent to close at 23,587.50 Sensex …

Can US Federal Reserve’s revised rate cut outlook accelerate FII outflows from Indian stock market?
3 months ago

Can US Federal Reserve’s revised rate cut outlook accelerate FII outflows from Indian stock market?

Live Mint  

The US Federal Reserve’s recent monetary policy decisions have sparked widespread debate about their implications for global markets, including India. While this move aligns with market expectations, the Fed’s hawkish outlook for future rate cuts has raised concerns about reduced foreign inflows into Indian markets. US Fed's cautious approach hurts Indian markets Indian stock markets faced a sharp decline on …

Fed lowers rates but sees fewer cuts ahead
Top News
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed lowers rates but sees fewer cuts ahead
Trending News
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed lowers rates but sees fewer cuts ahead
3 months, 1 week ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
3 months, 1 week ago

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%

Live Mint  

Wall Street Today: Wall Street's main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The S&P 500 rose 0.4 per cent in morning trading, a day after tumbling 2.9 per cent when the US …

US Fed rate cut fuel running out: What it means for the Indian stock market and your investment strategy
3 months, 1 week ago

US Fed rate cut fuel running out: What it means for the Indian stock market and your investment strategy

Live Mint  

In the stock markets, what lies ahead often matters more than what has already been done. US Fed revises rate cut projections: What it means for Indian stock market? Experts believe that a hawkish Fed is negative for the Indian stock market, but they don’t expect it to cause major turmoil. "The Fed’s hawkish stance of reducing the number of …

Sensex, Nifty crash after Fed rate cut announcement: Top losers today
3 months, 1 week ago

Sensex, Nifty crash after Fed rate cut announcement: Top losers today

Hindustan Times  

Indian stocks markets today dropped sharply in early trade on Thursday, following the US Federal Reserve indicating fewer rate cuts next year. The stocks which took the biggest hit on Thursday are: Asian Paints Bajaj Finance Bajaj Finserv Kotak Bank JSW Steel Infosys Mahindra and Mahindra Tech Mahindra HDFC Bank ICICI Bank Sharp sell-off after Fed rate announcement The sharp …

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year
3 months, 1 week ago

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Thursday following weak global market trends after the U.S. Federal Reserve indicated fewer rate cuts next year. This trigger was provided by the Fed guidance of fewer rate cuts in 2025, which went against market expectations. Even though the rate cut of 25 bps was in tune with the market’s …

Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025
3 months, 1 week ago

Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares skidded Thursday in Asia …

Stock market crash today: Sensex down by 1,010 points after US Fed rate cut decision
3 months, 1 week ago

Stock market crash today: Sensex down by 1,010 points after US Fed rate cut decision

Hindustan Times  

Stock market crash today: Equity benchmark indices Sensex and Nifty declined in early trade on Thursday. Check top losers The decline comes after the US Federal Reserve slashed its benchmark interest rate by or a quarter of a percentage point to 4.25-4.50 per cent. Market yesterday Stock market crash today: On Wednesday, the Sensex closed at 80,182.20 points, down 502.25 …

U.S. Stocks Fall Sharply And Dow Tumbles 1,100 Points After The Fed Hints At Just 2 Rate Cuts For 2025
3 months, 1 week ago

U.S. Stocks Fall Sharply And Dow Tumbles 1,100 Points After The Fed Hints At Just 2 Rate Cuts For 2025

Huff Post  

WASHINGTON, DC - NOVEMBER 07: Federal Reserve Bank Chair Jerome Powell speaks at a news conference at the Federal Reserves William McChesney Martin building on November 7, 2024 in Washington, DC. Kent Nishimura via Getty Images NEW YORK — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver …

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets
Top News
3 months, 1 week ago

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets

India Today  

Stock markets are expected to open lower on Thursday, following a global market slump after the US Federal Reserve cut interest rates by 25 basis points. GLOBAL MARKET REACTIONS Wall Street reacted negatively to the Fed’s announcement, with all three major US indices—Dow Jones, S&P 500, and Nasdaq—posting their biggest single-day losses in months. Gift Nifty, an indicator for the …

Market falls sharply as Fed indicates low interest rate cut in 2025
3 months, 1 week ago

Market falls sharply as Fed indicates low interest rate cut in 2025

New Indian Express  

MUMBAI: India’s equity market fell sharply on Thursday following a cautious Federal Reserve commentary and weak global cues. At Thursday’s close, the Sensex was down 964.15 points or 1.20% at 79,218.05 while Nifty fell 247.15 points or 1.02% to settle at 23,951.70. The selling intensified on Thursday after the US Federal Reserve gave a hawkish commentary on future rate cute. …

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
3 months, 1 week ago

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

Hindustan Times  

Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. All three major indices finished firmly lower after the Fed projected just two interest rate cuts next year, down from four. Although stocks often enjoy a late-year bounce referred to as the "Santa Claus rally," Stovall …

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025
3 months, 1 week ago

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025

Hindustan Times  

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in 2025, signaling greater caution over how quickly they can continue reducing borrowing costs. A majority of economists in a Bloomberg survey had expected the median rate estimate would point to three cuts next year. Bumpy Inflation Policymakers …

Market today: Sensex, Nifty decline amid foreign fund outflows, Fed rate decision caution
3 months, 1 week ago

Market today: Sensex, Nifty decline amid foreign fund outflows, Fed rate decision caution

Hindustan Times  

Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday, December 18, amid foreign fund outflows and caution ahead of the highly anticipated US Fed interest rate decision. Market yesterday On Tuesday, BSE Sensex and NSE Nifty slumped by more than 1 per cent, with the former falling below the 81,000 mark, driven by a broad-based selloff and …

The Fed is about to deliver the last rate cut for a while
Trending News
3 months, 1 week ago

The Fed is about to deliver the last rate cut for a while

CNN  

Washington CNN — The Federal Reserve on Wednesday is expected to cut interest rates for the third time this year, in what could be the last rate cut for months. The Fed’s key interest rate influences borrowing costs across the economy and it’s used to achieve stable prices and maximum employment, two key goals mandated by Congress. With inflation nearly …

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today
3 months, 1 week ago

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today

India Today  

The Sensex and Nifty continued their downward slide for the third consecutive session on Wednesday, as global and domestic factors weighed heavily on investor sentiment. The benchmark indices fell ahead of the US Federal Reserve's policy announcement later today, with market participants closely watching for hints on future interest rate moves. KEY REASONS BEHIND THE FALL Global pressure ahead of …

Sensex falls nearly 1,000 points: 3 key factors for the market crash today
3 months, 1 week ago

Sensex falls nearly 1,000 points: 3 key factors for the market crash today

India Today  

Stock markets tanked in early trade on Tuesday as the benchmark indices Sensex and Nifty dropped around 1% for the second straight session. Despite the decline in the main indices, midcap and smallcap stocks performed slightly better, with both Nifty Midcap and Nifty Smallcap falling only 0.06%. KEY REASONS FOR MARKET CRASH US FEDERAL RESERVE MEETING - Global markets are …

Sensex, Nifty tank in early trade dragged by banking stocks; RIL shares down 1%
3 months, 1 week ago

Sensex, Nifty tank in early trade dragged by banking stocks; RIL shares down 1%

India Today  

Benchmark stock market indices opened lower on Tuesday as it continued its downward trend dragged by a decline in banking and financial sector stocks. The S&P BSE Sensex lost 401.57 points to 81,347.00, while the NSE Nifty50 was down 109.30 points to 24,558.95 as of 9:45 AM. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that globally …

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks
3 months, 1 week ago

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks

Live Mint  

By Hritam Mukherjee and Kashish Tandon Dec 16 - India's benchmark equity indexes fell on Monday, as uncertainty about the U.S. interest rate trajectory beyond the reduction expected this week weighed on IT companies, while metal stocks fell after underwhelming economic data from top consumer China. Indian IT firms, which earn a bulk of their revenue from the U.S., fell …

Global stock index falls, bond yields rise ahead of rate decisions
3 months, 1 week ago

Global stock index falls, bond yields rise ahead of rate decisions

Live Mint  

* Wall Street stocks end close to flat, Europe ends down * Oil prices settle higher, * Dollar rises against yen, falls against the Euro By Sinéad Carew and Harry Robertson NEW YORK/LONDON Dec 13 - MSCI's global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from …

Wall Street’s rally stalls as Nasdaq pulls back from its record
3 months, 2 weeks ago

Wall Street’s rally stalls as Nasdaq pulls back from its record

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Wednesday. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. He rang the bell marking the start of trading at the New …

Sensex, Nifty end lower ahead of inflation data; bearish trend persists
3 months, 2 weeks ago

Sensex, Nifty end lower ahead of inflation data; bearish trend persists

India Today  

Benchmark stock market indices closed lower on Thursday, dragged by a decline in FMCG and banking stocks as investors wait for November inflation data. Vinod Nair, Head of Research, Geojit Financial Services said that the market continued to remain range bound ahead of domestic CPI data and weakening rupee. Meanwhile, the Nifty IT index reached a new high after US …

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe
3 months, 2 weeks ago

Wall Street today: US stocks end lower as investors eye inflation data, Nvidia slumps 2.5% on China probe

Live Mint  

US stock market indices ended lower on Monday weighed down by tech stocks amid fall in AI leader Nvidia stock price and ahead of the release of crucial inflation data later this week. Advanced Micro Devices shares plunged 5.7% after BofA Global Research downgraded its rating on the stock, Comcast share price tanked 9.5%, while Hershey stock price surged 10.9% …

Sensex, Nifty open flat; Godrej consumer shares fall 9%
3 months, 2 weeks ago

Sensex, Nifty open flat; Godrej consumer shares fall 9%

India Today  

Benchmark stock market indices opened flat on Monday, after the RBI announced no rate cuts in its monetary policy committee announcements last week. The S&P BSE Sensex was up 37.49 points to 81,746.61, while the NSE Nifty50 gained 21.45 points to 24,699.25 as of 9:25 AM. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the near-term …

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