The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year
Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks
How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here
How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here
The S&P BSE Sensex and Nifty50 indices hit 52-week lows on Thursday, as economists fear a recession could be around the corner for the US. Markets watchers see more pain ahead for the Indian markets
The Dow had rallied on Wednesday after the Fed Chairman Jerome Powell announced its largest rate hike since 1994
Foreign investors sold shares worth 3,257.65 crore on Thursday, taking their year-to-date selling tally past the Rs 2-trllion mark
The S&P is down 22.2% year-to-date and is in a bear market
Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date
The government does not see any adverse impact on the Indian economy post the US Federal Reserve's decision to raise interest rates by 75 basis points, Economic Affairs Secretary Ajay Seth said
The market had been lower earlier as interest rate hikes in the United States, Britain and Switzerland fed concerns about a slowdown in global economic growth.
Morgan Stanley said RIL's margins would be 50 per cent above its last peak season in mid-2008
Weekly jobless claims fall 3,000 to 229,000; continuing claims rise 3,000 to 1.31 mn
The Federal Reserve has just delivered its biggest interest rate rise in over a quarter of a century and even the hitherto dovish Swiss National Bank has taken markets by surprise
In five trading days, the Sensex has dived 3,824.49 points, or 6.91%
US Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession. A worse-than-expected inflation report for May consumer prices rocketed up 8.6 per cent from a year earlier, the biggest jump since 1981 helped spur the Fed to raise its benchmark interest rate by three-quarters of point on Wednesday. Not since 1994 has the central bank raised its key rate by that much all at once. And until Friday's nasty inflation report, traders and economists had expected a rate hike of just half a percentage point on Wednesday. What's more, several more hikes are coming. The soft landing the Fed has hoped to achieve slowing inflation to its 2 per cent goal without derailing the economy is becoming both trickier and riskier than Powell had bargained for. Each rate hike means
CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down
Spot gold fell 0.3% to $1,827.60 per ounce by 0546 GMT. U.S. gold futures rose 0.6% to $1,830.60.
On Monday, the rupee had breached the 78/$ mark and hit a record low of 78.28/$ intraday.
In a note, IIFL Alternative Research has highlighted five market breadth indicators that signal extreme caution among investors