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
Stock market today: The domestic market benchmark indices are expected to have a flat-to-negative opening on Monday’s trade with GIFT Nifty down 10.2 points from Friday’s close on Nifty Futures amid mixed global cues. The Gift Nifty is trading around 21,080 level as compared to the Nifty futures’ previous close of 21,090.20. Early trading saw … Read more
A resurgence in the U.S. dollar, aided and abetted by the recent hawkish narrative from Fed speakers fizzled as October’s inflation readings showed inflation in the U.S. flat on a month-on-month basis. The immediate spurt in rate cut expectations it triggered resulted in the greenback plunging against the euro, the British pound, the Australian Dollar … Read more
Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. The S&P 500 lost 22.24 points, or 0.52%, to 4,265.81 in late trading. The Dow Jones was down 198.93 points, or … Read more
Stock Market Live Updates: Nifty at 20150, Sensex at day’s high above 190 pts; Bajaj Auto jumps above 5%, BPCL, Asian Paint sheds BusinessLine Source link
The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. The Japanese yen weakened to as low as 145.22 per dollar in … Read more