Posts in category Economic Times
Gold prices edge higher as markets await Fed minutes, CPI data (09-04-2024)
The U.S. CPI data and the minutes of the Fed's March policy meeting are due on Wednesday, which could help gauge the timing of the widely-expected rate cuts.
Wall Street ends flat as investors await CPI, earnings (09-04-2024)
That report heightened chances that the Federal Reserve could delay implementing its first interest rate cut at its monthly Federal Open Market Committee meetings longer than previously expected.
Oil prices turn higher as Middle East ceasefire hopes wane (09-04-2024)
A fresh round of Israel-Hamas ceasefire discussions in Cairo had ended a multi-session rally on Monday, leading Brent to its first decline in five sessions and WTI its first in seven on the prospect that geopolitical risks could ease.
Asian stocks rise; metals fly on manufacturing bets (09-04-2024)
Shanghai copper futures were up 1% at a two-year high and have gained more than 10% in a month. Zinc made a five-month high in Shanghai, where Aluminium made a 22-month peak on Monday.
Sensex hits fresh lifetime high, closes in on 75,000 mark (09-04-2024)
The ₹300 lakh crore market cap milestone was achieved on July 5, 2023, when the Sensex was at 65,446. Since then, the index has rallied over 14%, but the broader market cap has surged 34%.
There are opportunities outside the ‘Magnificent 7’ stocks in S&P 500: Savita Subramanian (09-04-2024)
One of the reasons that I'm optimistic is that I'm surrounded by pessimists. The crux of our bullish outlook is that sentiment is still fairly tepid on equities.
Bandhan Bank tanks over 6% after CEO Ghosh steps down (09-04-2024)
Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of operations as a microfinancier.
GIFT Nifty up 65 points; here’s the trading setup for today’s session (09-04-2024)
"It is anticipated that a bullish momentum will prevail in the index, and the rally could further extend to 23,000 levels. Short-term support levels for the Nifty exist at 22,700 and 22,620 levels, while resistance stands at 22,800 and 22,900 levels," said Asit C, Mehta Investment.