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Bazaar Aaj Aur Kal: Stock market victim of heavy selling, Sensex 826, Nifty fell 261 points

Bazaar Aaj Aur Kal: Stock market victim of heavy selling, Sensex 826, Nifty fell 261 points

Tue, Oct 24, 2023

Stock Market: BSE Sensex slipped 825 points and closed at 64,571. Nifty also fell by 260 points. The index has closed at 19,267. In the all-round selling of the market, the biggest decline was seen in metal, media, realty, banking, auto and IT sectors.

India360: Were 5.2 crore new jobs created in the last 4 years?

India360: Were 5.2 crore new jobs created in the last 4 years?

Thu, Sep 14, 2023

Jobs Vacancies: 5.2 crore formal jobs have been created in the last four years. 47 percent of these people got a job for the first time

Federal Reserve on hold but next move may be rate cut, says Kashkari

Federal Reserve on hold but next move may be rate cut, says Kashkari

Sat, Jan 11, 2020

Neel Kashkari, who rotates into a voting spot on the Fed`s policy-setting panel this year, has been among the most dovish of the Fed`s 17 policymakers, pushing for steeper rate cuts last year than he and his colleagues actually delivered.

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Global Markets: Asia stocks edge higher after Fed meeting; dollar, US yields sag

Global Markets: Asia stocks edge higher after Fed meeting; dollar, US yields sag

Thu, Dec 14, 2017

China`s central bank also raised rates, though marginally. While Chinese shares were slightly lower, the wider impact was limited.

Sensex drops 175 points on ADB forecast, macro worries

Sensex drops 175 points on ADB forecast, macro worries

Wed, Dec 13, 2017

The 50-share NSE Nifty slipped below the 10,200-mark by falling 47.20 points, or 0.46 per cent, at 10,192.95 after hovering between 10,169.85 and 10,296.55.

Global shares eye record high as Fed heads for hat-trick

Global shares eye record high as Fed heads for hat-trick

Wed, Dec 13, 2017

Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018.

With rate hike in the bag, Federal Reserve may hint at Trump effect on economy

With rate hike in the bag, Federal Reserve may hint at Trump effect on economy

Wed, Dec 13, 2017

The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how the Trump administration`s tax overhaul could affect the U.S. economy.

Bitcoin futures surge past $18,000; Asian shares firm

Bitcoin futures surge past $18,000; Asian shares firm

Mon, Dec 11, 2017

The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a closely-watched launch, while Asian shares climbed amid optimism about global growth.

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Mon, Dec 11, 2017

Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday`s Asian session on expectations the Federal Reserve will stick to its tightening path.

US Senate panel approves Jerome Powell's nomination to be next Fed chair

US Senate panel approves Jerome Powell's nomination to be next Fed chair

Wed, Dec 06, 2017

Senator Elizabeth Warren expressed her concern that Powell might loosen financial regulations once he takes the job as Fed chair.

Gold holds near one-week low as stronger US economy data weighs

Gold holds near one-week low as stronger US economy data weighs

Thu, Nov 30, 2017

Despite the volatility overnight, it was another subdued session across the precious complex today in Asia, with gold struggling above $1,285 an ounce consistently, MKS analyst Alex Thorndike said in a note.

India's inflation likely to rise, interest rates won't: Reuters poll

India's inflation likely to rise, interest rates won't: Reuters poll

Wed, Nov 29, 2017

The results, from a poll of economists taken over the past week, also found there is a bigger risk the next move is a cut, even though forecasts diverge in three directions starting from the second quarter of next year.

Equities rise on DII inflows, lingering effects of Moody's upgrade

Equities rise on DII inflows, lingering effects of Moody's upgrade

Sat, Nov 25, 2017

Market observers were of the view that investors awaited the comments from another ratings agency Standard & Poor`s (S&P) that came later on Friday evening.

China stocks suffer mauling, Fed leaves dollar in a daze

China stocks suffer mauling, Fed leaves dollar in a daze

Thu, Nov 23, 2017

The near 3 percent drop in China reflected its recent bond markets worries, adding to a subdued mood in Europe where, with trading constrained by the Thanksgiving holiday in the United States, the main bourses opened in the red for the 10th day in the last 13.

Gold prices nudge up ahead of Fed meeting minutes

Gold prices nudge up ahead of Fed meeting minutes

Wed, Nov 22, 2017

Gold prices inched up early on Wednesday as investors remained cautious ahead of the release of minutes from the U.S. Federal Reserve`s last meeting, which could offer hints on the outlook for the central bank`s monetary policy. FUNDAMENTALS

Gold makes some recovery on fresh demand, global events

Gold makes some recovery on fresh demand, global events

Wed, Nov 15, 2017

Standard gold (99.5 purity) rose by Rs 180 per 10 grams to settle at Rs 29,575 as against Tuesday's closing level of Rs 29,395.

U.S. job growth speeds up, unemployment rate falls

U.S. job growth speeds up, unemployment rate falls

Fri, Nov 03, 2017

Nonfarm payrolls increased by 261,000 jobs last month as 106,000 leisure and hospitality workers returned to work, the Labor Department said in its closely watched employment report on Friday. That was the largest gain since July 2016 but below economists` expectations for an increase of 310,000 jobs.

Japanese shares reach two year high on demand for cars in US hurricane hit states

Japanese shares reach two year high on demand for cars in US hurricane hit states

Wed, Oct 04, 2017

Japanese shares climbed on Wednesday led by auto stocks as US demand for cars ballooned following damage from recent hurricanes.

Nikkei probes more than two-year highs as yen eases, Apple suppliers fall

Nikkei probes more than two-year highs as yen eases, Apple suppliers fall

Thu, Sep 21, 2017

The Nikkei was up 0.8% at the end of morning trading at 20,479.88 points, its highest since August 2015.

Gold hits three-week low; Fed rate hike outlook weighs

Gold hits three-week low; Fed rate hike outlook weighs

Thu, Sep 21, 2017

Spot gold was down 0.2% at $1,298.61 an ounce at 0054 GMT, after earlier dropping to lowest since late August at $1295.65.

Asian shares bounce after losses, dollar sags on weak US CPI

Asian shares bounce after losses, dollar sags on weak US CPI

Mon, Aug 14, 2017

Friday`s data showed the US consumer price index edged up just 0.1% last month after it was unchanged in June.

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Global markets: Dollar's decline, China optimism boost Asia stocks, commodities

Wed, Jul 19, 2017

"Globally, financial conditions tend to improve when the dollar is weak and vice versa," they added. "The falling dollar – still the globe`s major reserve and funding currency – tends to see risk appetite flourishing."

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Asia shares rise on accommodative Fed, China stocks narrow losses on strong GDP

Mon, Jul 17, 2017

Asian stocks mostly rose on Monday, spurred by record high closes for the Dow and S&P 500 on bets that the Federal Reserve`s policy will remain accommodative following lacklustre U.S. data, which sent the dollar reeling to a 10-month low.

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