Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open lower on Monday tracking mixed global market cues. Asian markets traded higher ahead of key economic data releases in the region, while the US stock indices ended lower last week. Market participants will watch out for several stock market triggers … Read more
The Indian rupee surged against the US dollar while the 10-year government bond yields dropped on Thursday after a dovish US Federal Reserve outcome raised hopes of more interest rate cuts next year. The rupee opened 13 paise higher at 83.27 a dollar as compared to previous close of 83.40. The 7.18%, 2033 10-year G-Sec … Read more
The Indian stock market indices, Sensex and Nifty 50, are expected to open lower on Friday tracking weak global cues amid losses in Asian and US markets. Asian markets were trading lower, while the US stock market ended in the red overnight amid a surge in bond yields after the release of US inflation data. … Read more
The Indian benchmark equity indices, Sensex and Nifty 50, are likely to open on a steady note on Thursday following positive signs from global peers. Asian markets traded higher, while the US stock market indices ended higher overnight after the release of the minutes of US Federal Reserve’s latest policy meeting. On Wednesday, the domestic … Read more
The Indian stock market continues to remain under selling pressure and is expected to open lower Wednesday on the back of weak global cues. The Asian markets fell to a 11-month low following overnight selloff in US stocks after resilient US economic data led Treasury yields to fresh highs. The US 10-year Treasury yields reached … Read more
Topline Utility stocks keep spiraling, headlined by a more than 20% one-week share price drop from the most valuable firm by market capitalization, and the sector largely has one factor to thank: Rising interest rates. Utility stocks have had a 2023 to forget. dpa/picture alliance via Getty Images Key Facts The S&P 500’s utility sector … Read more