Posts in category Economic Times
Oil’s rise complicates global war on inflation (11-04-2024)
Rising oil prices pose inflation risks for India, with a $10/barrel hike potentially increasing consumer prices by 0.2-1.4%. Asian economies, especially net importers of crude, are sensitive to CPI and could face challenges.
Ahead of Market: 10 things that will decide stock action on Friday (11-04-2024)
India's benchmark indices hit new highs on strong global demand expectations. Analysts suggest buying on dips and selling on rallies strategy. US stocks rise, European shares slip ahead of ECB decision. MACD signals bullish trade on select stocks.
Wall Street opens higher as fresh inflation data allays rate jitters (11-04-2024)
The S&P 500 opened higher by 12.31 points, or 0.24%, at 5,172.95, while the Nasdaq Composite gained 65.84 points, or 0.41%, to 16,236.20 at the opening bell.
European Central Bank leaves rates unchanged as world’s central banks wrestle with when to cut (11-04-2024)
ECB delays rate cut awaiting inflation control confirmation. Lagarde hints at future rate path. Market indexes fell on inflation concerns. June cut likely. Eurozone inflation down, guidance awaited from Lagarde.
NTPC Green finalises four investment banks for Rs 10,000 crore IPO: Report (11-04-2024)
NTPC Green Energy shortlists banks for a Rs 10,000 crore IPO, including IDBI Capital and HDFC Bank. The IPO aims for March 2025 with plans to add 4-5 GW renewable power capacity and focus on green energy projects.
These 7 smallcap stocks surge 90-375% in CY24 so far, do you own any? (11-04-2024)
For more such web stories click on the ET
PMS Funds Tracker: Multi-asset schemes made HNIs richer in March (11-04-2024)
Pace Financial's Tresor Flexi fund was the top-performing PMS scheme last month with a 7.4% return, followed by Tresor Prive's 4.73% gain and 4.7% upside in Tresor Sustainer, shows data pulled from PMSBazaar.
Bharti Hexacom GMP: Will there be a listing pop at the bourses tomorrow? (11-04-2024)
However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.
Gold down on resurgent US inflation (11-04-2024)
Now, the US interest rates may stay higher for longer. The ten-year US yields took a peak above 4.50% level as the yields surged 4.27% to settle at 4.545%, whereas the US Dollar Index surged 1.05% to close at 105.19. The Dollar Index is expected to extend its gains to 108 levels in the near term, which will be bearish for commodities in general.
Technical Breakout Stocks: How to trade Vedanta, Petronet LNG and Indigo on Friday? (11-04-2024)
The S&P BSE Sensex hit a record high of 75,105 in trade today while the Nifty50 surpassed 22700 to hit a high of 22,775.