Latest Updates Around The World
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
Investors looking for opportunities in exports, financials and midcaps may have to adopt a selective approach, says Asit Bhandarkar, senior market strategist, JM Financial MF in an exclusive interview with ET Now. Export: textiles, pharmaceutical products and IT as focus areas When asked about the potential value in the export sector amid ongoing trade uncertainties, […]
U.S. stocks closed around unchanged levels on Thursday as investors weighed a labor market report and other economic data, while stocks were supported by heightened hopes for a Federal Reserve rate cut next week. A 1.4% decline in Amazon.com shares weighed on the S&P 500, limiting its advance.With the November payrolls report scheduled after the […]
Markets extended their winning streak for the third week in a row, hitting new record highs on improving global risk sentiment and supportive domestic factors. While the early sessions were marked by periods of profit-taking, a strong rebound mid-week helped revive bullish momentum, followed by a phase of healthy consolidation. At the end of the […]
The Indian market ended lower on Friday as a wave of profit-taking started, with the Sensex and Nifty hovering around record highs. Banking heavyweights ICICI Bank and HDFC Bank led the decline, while investors also digested a broader global sell-off triggered by unclear US employment data, clouding the near-term interest rate outlook.The S&P BSE Sensex […]
