Posts in category Economic Times
Positive Breakout: Supreme Industries and 3 other stocks cross above their 200 DMA (19-04-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Big movers on D-Street: What should investors do with Infosys, Just Dial and Tata Motors? (19-04-2024)
Stocks that were in focus included names like Infosys, which rose 1%, Just Dial, which rose 14%, and Tata Motors, whose shares declined 1.54% on Thursday.
Asian stocks sink, oil surges on reports of Middle East attacks (19-04-2024)
U.S. long-term Treasury yields dropped as much as 13.5 basis points to 4.512%. The U.S. dollar index was last up 0.14%, while the yen gained about 0.4% versus the dollar. Both currencies are considered safe havens.
Gold set for fifth weekly gain as geopolitical risks buoy demand (19-04-2024)
Federal Reserve policymakers have rallied around the idea of holding borrowing costs where they are until probably far into the year, given slow and lumpy progress on inflation and a still-strong U.S. economy.
Surging dollar set for weekly gain as US data, Fed push back on rate cuts (19-04-2024)
The yen was last little changed at 154.61 per dollar, languishing near a 34-year low and not far from the 155 level which traders see as a new line in the sand that would prompt an intervention from Tokyo.
Oil prices surge 3% on reports of Israeli strikes on Iran (19-04-2024)
Brent futures jumped $3.03, or 3.5%, to $90.14 a barrel by 0147 GMT, and U.S. West Texas Intermediate crude rose $3.03, or 3.7%, to $85.76 per barrel.
US stocks end near flat as investors assess earnings, data (19-04-2024)
Economic data showed that the labor market remained resilient, as weekly initial unemployment claims were unchanged from the prior week at 212,000 while a gauge of manufacturing in the mid-Atlantic region rose to a two-year high.
Vodafone Idea FPO subscribed 26% on Day 1 (19-04-2024)
The QIB portion was subscribed 61% on the opening day, marking a promising start. Typically, QIBs tend to bid on the final day of the offer. The majority of bids in the QIB portion came from foreign institutional investors (FIIs).