Latest Updates Around The World
The dollar strengthened to a nearly three-month high on Monday as investors awaited the release of data this week to gauge the health of the US economy and whether it could change the Federal Reserve’s hawkish stance. The yen languished near an 8.5-month low, pressured by wide interest rate differentials between the US and Japan. […]
Oil prices rose in early Asian trading on Monday after OPEC+ decided to postpone production increases in the first quarter of next year, allaying growing fears of a supply glut. Brent crude futures rose 47 cents, or 0.73 percent, to $65.24 a barrel by 2336 GMT, after closing 7 cents higher on Friday. U.S. West […]
Traders are keeping an eye on stocks across sectors as technical conditions and improving earnings momentum continue to support market sentiment. Stocks like Aditya Birla Capital, Aurobindo Pharma, BSE, BPCL, Bharat Electronics and UPL are showing signs of strength, with analysts noting fresh breakouts, higher highs and open interest additions in the November range. ADITYA […]
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the establishment of their new asset management joint venture in India, marking a major strategic step in the fast-growing Indian mutual fund industry. Under the agreement, IIHL has acquired a 60% stake in Invesco Asset Management India […]
The Indian market ended lower on Friday with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under […]
There are times in financial history when the world is so distracted by the headlines that it completely misses the real story unfolding underneath. I’ve seen this happen time and time again in multiple bull and bear cycles, from the dotcom mania to the housing euphoria to the crypto rush. Today the spotlight has shifted […]
Vedanta’s second-quarter results met expectations for robust operating performance, with analysts seeing the miner as well-positioned to benefit from the commodity recovery as it continues its deleveraging strategy. Brokers Nuvama, Citi, ICICI Securities and Investec maintained a strong bullish stance on metals and natural resources major Vedanta Ltd. They cited factors such as Vedanta Resources’ […]
Oyo parent company PRISM has extended the deadline for a bonus issue linked to a possible IPO process for its equity shareholders. In its message to shareholders, the company said it had received feedback during the postal voting process and decided to give investors ample time to choose the bonus option that suits them. The […]
After four consecutive weeks of gains, the Nifty finally took a breather as profit bookings at higher levels weighed on sentiment. The benchmark fell 73 points, or 0.28%, to end the week at 25,722, while the Sensex lost 273 points to end at 83,939. However, the mild decline does not signal a turnaround, with most […]
Natural gas markets have witnessed increased volatility in recent months, both in international benchmarks and domestic MCX futures. Since March 2023, prices have largely consolidated within tight ranges, reflecting the tug-of-war between supply resilience and demand uncertainty. With the winter season starting in November, the market is primed for a new wave of momentum, driven […]
