U.K. Wage Growth Eases Less Than Expected Average pay growth was 6.2% in the fourth quarter while unemployment unexpectedly ticked down, signalling a stubbornly tight labor market and reflecting inflationary pressures as the BOE weighs when to start cutting interest rates. Source link
India stock market: The Indian benchmark equity indices, Sensex and Nifty 50, are expected to open higher on Thursday following gains in global markets after the US Federal Reserve kept the key interest rates unchanged and foresees three rate cuts next year. The Asian markets rallied while the US stocks jumped overnight on a dovish … Read more
The Indian stock market is expected to extend its rally on Wednesday with the benchmark indices Sensex and Nifty 50 likely to test new highs, riding on improved global sentiments over the end of rate hike cycle. Global market setup remains positive as Asian markets traded higher while the US shares ended mixed overnight. The … Read more
The Indian stock market witnessed a stellar rally with both the benchmark indices, Sensex and Nifty 50, at their all-time high levels. Strong domestic cues and the return foreign capital into Indian equities have supported the upside momentum. The domestic equity indices are expected to open flat with a positive bias on Tuesday amid weakness … Read more
The Indian stock market indices, Sensex and Nifty 50, are expected to open sharply higher on Monday led by optimism after the results of assembly elections of four states. The Bharatiya Janata Party (BJP) won decisive majorities in the Hindi heartland states of Rajasthan, Madhya Pradesh and Chhattisgarh, which analysts believe could trigger positive market … Read more
The US stock market indices ended higher on Friday with the S&P registering its highest close of the year on Friday, as remarks from US Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked. All three major US stock indexes gained, notching their fifth consecutive weekly percentage gains. The Dow … Read more
The Indian stock market indices are likely to open on a tepid note following weak global cues. Asian markets traded lower while US markets ended mixed overnight after the release of better than expected US GDP data. On Wednesday, the domestic indices ended with strong gains led by gains in IT, banks and auto stocks. … Read more
The Indian stock market indices, Sensex and Nifty 50, are expected to open higher on Wednesday amid mixed global cues. The Asian markets traded weaker while the US stocks ended higher overnight amid rising expectations that the US Federal Reserve will not raise interest rates further. On Tuesday, domestic frontline indices ended with gains as … Read more
Thanksgiving Market Holiday: The US stock market investors will see a holiday shortened week and the trading volumes are also expected to remain low. As per the US stock market holiday list for 2023, the US markets will remain closed on Thursday, November 23, on account of Thanksgiving holiday. The bond markets will also remain … Read more
The Indian stock market indices are expected to open higher on Tuesday tracking gains in global peers. The Asian markets gained while the US stocks ended higher overnight led by rally in technology stocks. The domestic equity market ended lower on Monday. The Sensex fell 139.58 points, or 0.21%, to close at 65,655.15, while the … Read more