Posts in category Economic Times
Bullish Momentum: These 4 stocks with White Marubozu Pattern on April 18 (19-04-2024)
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Rupee drops to record low as risk aversion boosts dollar (19-04-2024)
The rupee opened at 83.5550 to the U.S. dollar, weakening past 83.5475, its previous record low, and down from 83.5375 on Thursday.
ETMarkets Smart Talk: At 22K on Nifty, market is trading in line with 5-year average: Rakesh Parekh (19-04-2024)
Rakesh Parekh talks about the key drivers for the market -- a combination of ample liquidity, pro-growth government policy direction, investments and capex entering an upcycle as well as corporate balance sheets that remain conducive for investments. He says: "We are encouraging clients to add to their equity positions with a long-term perspective in mind to take advantage of this opportunity."
Why hasn’t Infosys upgraded margin guidance if TCVs are at record high? Sandip Agarwal asks (19-04-2024)
Sandip Agarwal asks: "Despite a strong TCV, why is the growth guidance so low? We are not able to connect the dots of what is pulling down growth so much and why they are projecting this kind of growth. In my view, this guidance and these numbers are on the lower side of what anyone would have been anticipating."
Q4 results today: Wipro, Jio Financial among 15 companies to announce earnings (19-04-2024)
Mixed Q4 earnings for IT sector with TCS outperforming and Infosys lagging. Awaited reports from companies like Wipro, Hindustan Zinc, Sejal Glass, and others will provide further insight into the sector's performance.
Netflix beats expectations on profit and subscribers (19-04-2024)
The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million.
Bitcoin slides below $60,000 on reports Israel strikes Iran (19-04-2024)
Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895.
Fed policymakers agree: There’s no urgency to cut rates (19-04-2024)
Minneapolis Fed President Neel Kashkari told Fox News Channel he also wants to be "patient," with the first rate cut "potentially" not appropriate until next year.
Fed’s Bostic: Open to a rate hike if inflation progress stalls (19-04-2024)
Progress toward the Fed's 2% inflation goal has slowed in recent months, and U.S. central bankers have generally said that means they will likely hold rates at current levels for longer, with no urgency to cut them.