Donald Trump’s potential trade policies and fiscal decisions could trigger a US-China trade war resurgence, causing market turmoil. US Treasury yields soared, affecting global markets. India faces capital outflows, weak corporate earnings, and growing challenges in sectors like MFI and FMCG.
Posts in category Economic Times
Stock market update: Power stocks down as market falls (07-11-2024)
The 30-share BSE Sensex closed down 836.34 points at 79541.79
Trump will carry out many reforms and revive US and world economy: Mark Mobius (07-11-2024)
Mark Mobius, a veteran emerging markets investor, believes that Donald Trump’s policies, including tariffs and deregulation, will ultimately boost global growth, particularly in countries like India. He argues that companies will adapt to tariffs, and deregulation will have a more significant positive impact. Mobius also highlights India’s potential to become a major player in high-tech manufacturing and innovation.
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (07-11-2024)
Avalon Technologies, Gala Precision Engin, JSW Holdings, DCM Shriram and KRN Heat Exchanger, hit their fresh 52-week highs during the day.
Sensex falls! These stocks fell 5% or more in Thursday’s session (07-11-2024)
In the Nifty pack, 5 stocks closed in the green, while 45 stocks ended in the red.
Rupee hits record low on equity outflows, strong dollar outlook (07-11-2024)
The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities and on expectations that Donald Trump’s victory in the U.S. presidential race may boost the dollar going forward.
Foreign outflows of $3.1 bln from Indian financials drive record monthly sales in October, data shows (07-11-2024)
Foreign portfolio investors (FPIs) pulled out about $3.1 billion from Indian financial stocks in October, the second-highest amount ever from the sector and accounting for 30% of the record overall withdrawal for the month, data showed on Thursday.
AM/NS India Q2 Results: EBITDA slumps 70% YOY on lower steel prices (07-11-2024)
AM/NS India Q2 operating profit dropped nearly 70% due to lower steel prices, despite stable shipments. The company anticipates higher demand growth in India and Brazil in H2 2024.
Trump’s victory fuels market rally; trading volumes, investor activity surge (07-11-2024)
Donald Trump’s election victory sparked a financial market rally on November 7, driving stock indices, bond yields, and the U.S. dollar to new highs. Trading volumes surged, particularly for Tesla and small-cap stocks, as investors reacted to expected policy changes.
Surya Roshni to consider interim dividend, bonus share issue on November 14 (07-11-2024)
Surya Roshni’s board will meet on November 14 to consider an interim dividend and a bonus share issue. The record date for the dividend is November 25. This will be the company’s first bonus share issue. The company will also approve its second-quarter results in the same meeting.