Posts in category Economic Times
Dollar index near highest level in four months; yen pinned close to 152 (03-04-2024)
The Japanese yen was last at 151.8 per dollar, little recovered from last week's slump to 34-year lows of 151.975, as the Bank of Japan's historic policy shift only served to underscore its outlier status. While the BOJ raised rates for the first time in 17 years, its policymakers' commitments to go slow on further increases have hammered the yen especially given the still-wide Japan-U.S. yield gap.
Ahead of Market: 10 things that will decide D-Street action on Thursday (03-04-2024)
The Nifty 50 settled 0.08% lower at 22,434, while Sensex shed 0.04% to 73,877. Nifty 50 formed a small positive candle on the daily chart with a gap down opening and with an upper shadow. Technically this pattern indicates broader range movement in the market near all-time highs, said Nagaraj Shetti, senior technical research analyst at HDFC Securities. The MACD showed bearish signs on the counters of P&G, and Caplin Point among others.
Gujarat-based Vasuki Global files IPO papers with Sebi (03-04-2024)
It offers procurement and processing solutions primarily for imported as well as domestic coal, including but not limited to Indonesian coal, Australian steam coal, Mozambique steam coal, South African coal, US coal, and Russian coal, and logistics services through surface transportation.
Gold hits pause after record run on safe-haven inflows (03-04-2024)
Gold paused at $2,272.79/ounce post record amid Middle East tensions. U.S. gold futures rose. Strong central bank buying and safe-haven inflows amid escalating geopolitical risks have fuelled the 10% gain in bullion so far this year.
US stocks fall at open as private payrolls beat estimates (03-04-2024)
The Dow Jones Industrial Average fell 30.65 points, or 0.08%, at the open to 39,139.59.
NSE to introduce 4 new indices in capital, F&O segments from April 8 (03-04-2024)
The Nifty Tata Group 25% Cap index consists of 10 companies, and is based on the free float market cap method, NSE said. The Nifty500 Multicap India Manufacturing 50:30:20 Index will track the performance of select largecap, midcap, and smallcap stocks from the Nifty 500 index that represent the manufacturing theme.
Eyeing luxury goods? Here’s how much fancy returns they have given vs S&P 500 (03-04-2024)
Over the past 10 years, rare whisky has been the best-performing luxury asset, appreciating 280% and even besting the S&P 500's gains.
Market Trading Guide: Lemon Tree Hotels, IDBI among 5 stock recommendations for Thursday (03-04-2024)
The S&P BSE Sensex closed 0.04% lower at 73,876, while the NSE Nifty50 index ended below the 22,450 level.
Technical Breakout Stocks: How to trade Cochin Shipyard, Adani Power and Nalco on Thursday (03-04-2024)
Sensex and Nifty settled lower for the second straight session on Wednesday. Sensex declined by 27 points. Nifty holds 22,400 level. Sectorally, buying was seen in utilities, power, public sector and IT stocks while realty, auto, and FMCG stocks saw some selling pressure.
Maruti Suzuki, Vedanta among 5 stocks with top long unwinding (03-04-2024)
In Wednesday's trading session, five stocks witnessed a top long unwinding.