Stock Market Live updates on June 2, 2023: At 7:15 am, the SGX Nifty quoted 18,619 levels, up 55 points
Industry sees limited impact of new TER structure on profit
Stock Market Live on May 29, 2023: Asian markets climbed higher after the US striked a tentative debt deal. Nikkei led gains, rising 2%. Hang Seng, Strait times, S&P/ASX 200 and Kospi rose 0.2-1%
Stock market live updates: The SGX Nifty, on Friday, indicated a muted open for benchmark indices as it stood around 18,423 levels, down 43-odd points, amidst mixed sentiments across global markets
CLOSING BELL: Adani Enterprises fell over 6 per cent, while Adani Ports, Tata Motors, HDFC, HDFC Bank, ICICI Bank, Reliance Industries, HUL, and Asian Paints declined up to 2 per cent
Stock market live updates: The SGX Nifty, on Tuesday, indicated a firm start as it quoted 18,359 levels, up 24-odd points
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
The MSCI All-World index rose about 1.1% on the day, although it is on track for a more than 3% decline in December
Expectations that China would gradually loosen its zero-Covid policy and open up its economy also lifted sentiment
Experts say gains by Indian equities will be steady if is no crude oil price surge
The global economy needs to find a more solid footing before most stock markets break out of their torpor, according to market strategists polled by Reuters
Global stock markets rose on Friday after US inflation eased more than had been expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Hong Kong's benchmark surged 7.7 per cent while Tokyo and Shanghai also gained. London and Frankfurt rose in early trading. Wall Street futures were higher. Oil prices rose more than USD 2 per barrel. Wall Street's benchmark S&P 500 index rose by its biggest one-day margin in 2 1/2 years on Thursday after the government reported consumer prices rose 7.7 per cent over a year ago in October. That was lower than the 8 per cent expected by economists and the fourth month of decline. The announcement drove a more 'dovish' calibration of interest rate expectations, Yeap Jun Rong of IG said in a report. The Fed and central banks in Europe and Asia are raising rates to cool inflation that is at multi-decade highs. Investors worry that might tip the global economy into recession. They hope lower inflation might ...
Indian, EU authorities trying to resolve the issue: Officials
World stocks scaled a five-week high on Wednesday, lifted by growing hopes that the pace of U.S. interest rate hikes could soon start to slow
US shares were mixed on Monday as European markets were lifted by hopes that US interest rates could rise more slowly
Global stock markets advanced on Thursday after strong US hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices. London, Frankfurt and Tokyo gained. Hong Kong declined. Mainland Chinese markets were closed for a holiday. Oil prices rose. The euro edged higher but stayed below USD 1. Wall Street futures edged lower after US stocks fell on Wednesday following a report by payroll processor ADP that employers added 208,000 jobs in September. That showed parts of the economy are still strong, giving ammunition to Fed officials who say more rate hikes are needed to cool inflation that is at a four-decade high. The economy is too strong for the Fed to pivot. The strong start to October is over, said Edward Moya of Oanda in a report. In early trading, London's FTSE 100 was up less than 0.1 per cent at 7,059.11. The DAX in Frankfurt gained 0.7 per cent to 12,610.37 and the CAC 40 i
The pound plunged nearly 5% at one point in Asia trade to break below 1985 lows and hit $1.0327. Moves were exacerbated by thinner liquidity in the Asia session
Business Standard brings you the top headlines at this hour
Global stock markets and Wall Street futures rose Tuesday as Liz Truss prepared to become British prime minister and Europe wrestled with uncertainty about Russian gas supplies. London and Frankfurt opened higher. Shanghai and Tokyo gained. Benchmark US crude rose more than $2 per barrel. The euro edged higher against the dollar. European markets were jolted by Friday's announcement that the suspension of Russian gas supplies through the Nord Stream 1 pipeline would be extended indefinitely. Shortages have pushed up prices and weigh on economic growth. Truss will have to hit the ground running as the U.K. prepares for a brutal winter," Craig Erlam of Oanda said in a report. Noting news reports that Truss plans to freeze energy bills, Erlam said the question is what impact it will have on inflation and gas demand. In early trading, the FTSE 100 in London rose 0.3% to 7,307.22 and Frankfurt's DAX advanced 0.4% to 12,816.01. The CAC 40 in France gained 0.2% to 6,103.77. On Wall Stree
The total crypto market cap fell below $1 trillion after staying above it for over a month. Bitcoin fell below $20,000, and Ethereum slipped below $1,500