Asian shares opened lower after a volatile session on Wall Street, which saw big losses in stocks and haven investments. Stock benchmarks in Japan and South Korea fell more than 1% in early trading in Asia. The Nasdaq 100 lost 1% after tepid outlook from Texas Instruments Inc. and a 10% slump at Netflix Inc. […]
Muhurat Trading reflected cautious optimism compared to the dovish tone of 2024. The Sensex rose 84,600 points and the Nifty hovered around 25,900 points with most sectors in the green, led by IT, banking, auto and pharmaceutical stocks. The Nifty index is currently trading at a CY26 price-to-earnings ratio of 18x, slightly above the average […]
Asian shares recovered after three days of losses as optimism over a possible Federal Reserve rate cut improved sentiment and offset renewed trade tensions between the US and China. Stocks in Japan, South Korea and Australia all rose at the open after Fed Chairman Jerome Powell’s concerns about a weakening labor market boosted investor expectations […]
Indian markets closed flat on Wednesday after posting gains after a strong start to the session. Attention will focus on the first US unemployment benefits figures released today. Analysts expect markets to remain within a range in the near term, monitoring global signals and second-quarter earnings announcements. STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]