Posts in category Economic Times
Gold prices flat ahead of key US inflation data (14-05-2024)
Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases, according to a report by the Federal Reserve Bank of New York.
Big movers on D-Street: What should investors do with Varun Beverages, BEML and Piramal Pharma? (14-05-2024)
Stocks that were in focus include names like Varun Beverages, which rose 0.73%, BEML, which increased 14.5%, and Piramal Pharma, whose shares jumped 2.7% on Monday.
Dollar drifts as traders eye US inflation data; frail yen in focus (14-05-2024)
The currency market has been sedate this week, with investors seeking to gauge what the path the Federal Reserve will take this year in the wake of recent softer-than-expected U.S. labour market data and comments from central bankers.
Asian shares hit 15-month high as traders wait for CPI (14-05-2024)
MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023 in morning trade, as a strong rally in Hong Kong shares extended into a fourth consecutive week.
Oil prices tick up on tighter supply outlook (14-05-2024)
The market is watching wildfires in remote western Canada that could disrupt the country's oil supply, Tony Sycamore, market analyst with IG, said in a note.
S&P 500 barely changes as investors hold tight ahead of inflation data (14-05-2024)
A Federal Reserve Bank of New York survey, released on Monday, found that Americans see inflation at 3.3% a year from now from March's 3% while they expect inflation three years from now at 2.8%. This followed a University of Michigan report on Friday that showed U.S. consumer sentiment sagged to a six-month low in May as households worried about the cost of living.
Pre-market action: Here’s the trade setup for today’s session (14-05-2024)
"Going ahead, markets would take cues from the voter’s turnout data from the fourth phase which has been a major concern so far," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Stocks in news: Bharti Airtel, Bharti Hexacom, Patanjali Foods, Zomato, Shriram Finance, TCS, Vedanta (14-05-2024)
Shares of Bharti Airtel, Shree Cements, Patanjali Foods, Devyani and PVR Inox will be in focus as the companies will announce their fourth quarter results today.