Nifty ended largely unchanged on Thursday as selling pressure on financial stocks dragged the markets despite buying trends in auto and consumer stocks. The index has consistently failed to regain the 21-EMA on the daily chart, showing a general lack of strength. Decoding the charts, Rupak De, Senior Technical Analyst at LKP Securities, said that […]
Nvidia is dragging Wall Street down on Thursday after its latest major earnings report wasn’t enough to impress investors.The Dow Jones fell 202.53 points, or 0.41%, to 49,279.62; the S&P 500 fell 78.60 points, or 1.13%, to 6,867.54; and the Nasdaq fell 440.72 points, or 1.90%, to 22,711.36. Nvidia, whose chips are helping power the […]
The number of Americans filing new claims for unemployment benefits increased marginally over the past week, and the unemployment rate appeared to hold steady in February amid a stable labor market.Initial claims for state unemployment benefits rose by 4,000 to 212,000 seasonally in the week ending Feb. 21, the Department of Labor said Thursday. Economists […]
NSE’s Managing Director and CEO Ashishkumar Chauhan on Thursday advocated ‘minimum qualification criteria’ for those participating in derivatives trading to prevent people from lower sections of society from wasting their money on speculation.In light of capital markets regulator Sebi’s finding that more than 90 percent of traders lose money in derivatives trading, the head of […]
In a move aimed at strengthening investor protection and increasing transparency in digital communications, the Securities and Exchange Board of India (Sebi) has directed all regulated entities and their agents to prominently display their registered names and registration numbers on social media platforms.The circular, issued on February 26, 2026, requires intermediaries registered under Section 12 […]
U.S. stock index futures were flat on Thursday as Nvidia’s stellar profits received a lukewarm response from investors and dismal results from software company Salesforce weighed on sentiment.Nvidia rose 1.2% in premarket trading after the chipmaker posted better-than-expected results for the January quarter and forecast revenue for the current quarter above market estimates. “The needle […]
“Don’t look for the needle in the haystack. Just buy the haystack!” –John BogelIn the world of investing – where headlines scream about the next multibagger, market gurus debate sector rotations and investors hunt for tips, John Bogle’s simple advice cuts through the noise with almost philosophical clarity – instead of trying to pick the […]
Indian government bonds closed lower on Thursday after a choppy session as traders looked ahead to the penultimate debt auction of the current financial year and the first GDP growth figures in a new series.The 6.48% bond yield for 2035 ended at 6.6943%, after finishing at 6.6777% on Wednesday. Bond yields move in the opposite […]
India Inc.’s Earnings Cycle may be approaching an inflection point, with fourth-quarter results expected to point upwards after several quarters of downgrades, said GV Giri, President & Head of Research at IIFL Capital Services.Speaking to ET Now, Giri said the pace of earnings cuts has been steadily slowing over the past few quarters, paving the […]
European shares were muted on Thursday as investors assessed a range of mixed corporate earnings from the likes of Schneider and Syensqo, while considering the prospects for artificial intelligence following strong forecasts from US chip leader Nvidia.The pan-European STOXX 600 index was flat at 633.34 points at 0820 GMT. The index hovered around a record […]