The Indian stock market indices, Nifty 50 and Sensex, are likely to open higher on Thursday following strong global cues. The Asian markets traded in the green, while the US stocks ended sharply higher overnight after the US Federal Reserve kept interest rates unchanged. Hopes that the US central bank is done with rate hikes … Read more
Both interest rates and the stock market have risen handily in 2023, despite the former being a headwind to the latter. The question is how long it will be before one or the other blinks. Although the returns on cash and bonds can’t really compare to equities longer term, it’s easy to see why higher … Read more
The Indian stock market indices, Sensex and Nifty are expected to open lower on Wednesday tracking weakness in global peers. Asian markets traded lower, while the US stock market indices ended in the red overnight. Indian markets were shut for a holiday on Tuesday. The domestic benchmark equity indices ended lower on Monday amid weak … Read more
The Indian stock market is expected to open higher on Thursday following positive global cues. Gains in Asian markets after the US stock indices closed mixed overnight, may support domestic equities. On Wednesday, the domestic equity indices ended higher due to upbeat macroeconomic data amid global signals being subdued. The benchmark Nifty ended above 20,000-mark … Read more
So far, September is living up to its reputation as the worst month for the stock market. But the worst of the pain might have already passed. The ninth month of the year is historically the worst for stocks. According to Dow Jones Market Data, the S&P 500 has averaged a 1.1% decline in September … Read more
Tesla Finally Raised Prices. Why the Stock Is Tumbling. Barron’s Source link
After an epic first day of trading on the Nasdaq, VinFast (ticker: VFS) closed at $37.06, up 255%, giving the EV start-up a market capitalization of roughly $86 billion. That’s more than the market cap of Ford Motor (F), General Motors (GM), Volkswagen (VOW3.Germany), and BMW (BMW.Germany). It’s even more than Hyundai Motor (005830.Korea) and … Read more