Latest Updates Around The World
Oil prices fell on Tuesday on concerns about oversupply and risks to demand from tensions between the US and China, the world’s two biggest oil consumers, while President Donald Trump said he expected to reach a trade deal. Brent crude futures fell 14 cents, or 0.2%, to $60.87 a barrel at 0005 GMT. The US […]
Markets started the week on an optimistic note and continued their upward momentum, largely supported by favorable domestic cues. With the Nifty nearing the 26,000-point mark, analysts say some consolidation cannot be ruled out before another breakout. “However, the overall trend remains positive with immediate support around 25,650 and major support around 25,450. We recommend […]
Wall Street advanced Monday as investor concerns about the stability of regional banks eased, shifting attention to a wave of corporate earnings and a closely watched inflation report. Earnings season kicks into high gear this week, with Wall Street heavyweights including Tesla, Ford, GM, Netflix, Procter & Gamble, Coca-Cola, IBM and Intel set to report. […]
The momentum in India’s primary market is likely to continue in the coming months, with Sebi solving a new set of public issues in sectors ranging from jewelery and chemicals to renewable energy and logistics. The approvals issued in recent weeks include seven companies: PNGS Reva Diamond Jewelery, Sudeep Pharma, Rayzon Solar, Shadowfax Technologies, Safex […]
Hedge funds sold the largest number of stocks in more than six months last week, including energy stocks, according to a client note from Goldman Sachs, while a separate note from JPMorgan highlighted a sell-off in banks. Speculators mainly sold global banks and financial services companies into the US, leaving their positioning in the sector […]
Hedge funds sold the largest number of stocks in more than six months last week, including energy stocks, according to a client note from Goldman Sachs, while a separate note from JPMorgan highlighted a sell-off in banks. Speculators mainly sold global banks and financial services companies into the US, leaving their positioning in the sector […]
Large silver flows from the US and China into the London spot market over the past week are easing a liquidity crisis in the world’s largest over-the-counter trading center for precious metals, traders and analysts said. A shortage of available metal in the London market helped push silver prices to a premium to U.S. Comex […]
India is fast emerging as a global hub for services exports, with a compound annual growth rate of 14.8 percent surpassing goods exports, which grew at 9.8 percent, NSE officials said. The National Stock Exchange (NSE) highlights the robust growth in the services sector, structural reforms and demographic advantages that are driving the country’s economic […]
Hyderabad, Bengaluru and Chennai have collectively seen a 47 per cent increase in residential property sales in the July-September period, despite an overall marginal decline in demand in eight major cities, PropTiger said. Home sales in three major southern cities – Hyderabad, Bengaluru and Chennai – stood at 38,644 homes in the September quarter, up […]
The holding company of India’s Godrej Consumer Products will tap the corporate bond market for the third time in as many months at the end of October, two investment bankers said on Monday. Godrej Seeds and Genetics aims to raise 20 billion rupees ($229 million) through the sale of shorter-term debt, and the bonds would […]
