Posts in category Economic Times
7 stock ideas from Stoxbox with upside potential of nearly 9% (22-06-2024)
The overall market momentum is positive and investors are hunting for more opportunities to participate in the run.
Bulk deal vs block deal: Check differences, execution details, timings and more (22-06-2024)
Block deals are done through a special trading window on the exchange that is not visible to all.
F&O Talk| Market undertone positive, expect action in select banking, BFSI stocks: Sahaj Agarwal of Kotak Securities (22-06-2024)
Nifty and Sensex are on an upward trend post Lok Sabha election results. Nifty found support near 23,400 while Sensex faced resistance at 77,850. Analysts remain positive despite weekly red closes.
Will prefer to focus on domestic sectors vs external facing sectors: Sunil Koul (22-06-2024)
I mean there is obviously the broader structural kind of under penetration story behind it, but I think the sector had not done well in the last a couple of years because of these issues and both in terms of numbers but also in terms of the regulatory overhang.
Wall Street’s smart-trade brigade thrashed again on stock boom (22-06-2024)
Despite financial institutions promoting complex investment strategies to clients worried about economic instability and Federal Reserve decisions, the most profitable approach remains the straightforward strategy of buying and holding onto the S&P 500 index.
Wall St Week Ahead: Rally in US big tech stocks may be getting stretched (22-06-2024)
The blistering rally in U.S. big tech stocks, particularly in the S&P 500, may be due for a breather amidst concerns of overheating, especially with Nvidia Corp's significant gains. Market segments like utilities are lagging behind tech stocks, prompting investors to consider value stocks as potential bargains.
Asian shares end the week with a whimper, yen back to intervention watch (22-06-2024)
Asian shares ended the week lower as profit-taking followed a rally to 26-month highs. The U.S. dollar's strength pushed the Japanese yen towards intervention levels.
Dollar edges higher, buoyed by monetary policy imbalance (22-06-2024)
The dollar strengthened against major currencies on positive U.S. economic data. U.S. business activity surged in June, easing inflation concerns. Dollar index rose to 105.81, erasing weekly declines. Thierry Wizman predicts continued dollar strength amid European political uncertainty.
Oil prices ease on strong US dollar, mixed global economic news (22-06-2024)
WTI fell out of overbought territory as Fed's interest rate hikes to curb inflation impacted oil demand. The decline in crude prices was influenced by rising U.S. dollar and negative global economic news. U.S. business activity rose to a 26-month high in June with an employment rebound. Geopolitical tensions escalated with warnings of a trade war over electric vehicle imports.
Nasdaq ends lower as Nvidia drags the tech sector for second day (22-06-2024)
S&P 500 and Nasdaq closed slightly lower on Friday, impacted by Nvidia's decline. Market volatility was observed due to triple witching, with positive PMI data.