Asian markets declined on Thursday following overnight selloff on Wall Street after Fitch Ratings cut the US government’s credit rating. The credit rating agency Fitch downgraded the United States to AA+ from AAA, citing expected fiscal deterioration over the next three years as well as growing government debt. Meanwhile, private payrolls data in the US … Read more
02 Aug 2023, 11:14 AM IST Sensex Live Today: Hero MotoCorp continues to drag as it sheds more than 2.5% and is among the biggest laggards 02 Aug 2023, 11:05 AM IST Share Market Live: InCred Equities views on Thyrocare Technologies Ltd.: 1Q P&L below estimate but B/S improves (HOLD – Downgrade) Rahul AGARWAL and … Read more
Sensex Today Live: Indian shares fell on Wednesday, dragged by broad sectoral slide, tracking global peers after weak economic data from the United States, euro zone and China triggered caution and weighed on risk sentiment. The slide in domestic equities followed a decline in Asian peers after a weak close in Wall Street and Europe … Read more
Sensex Today: Indian shares rose marginally on Tuesday, on broad-based gains, after a positive start to the week as investors digested key earnings. Domestic-linked small caps and mid-caps climbed 0.7% and 0.4%, respectively, outperforming the blue chip indexes and hitting fresh 52-week and all-time highs. Twelve of the 13 major sectoral indexes edged up. Metal … Read more
Never mind the macro stats for the U.S. economy — Americans are hot, and very much still bothered by high prices, with recent reports about GDP growth, stock gains and a strong labor market apparently providing cold comfort. At least so far. Instead, most describe the economy as “uncertain,” along with calling it bad, and “struggling” … Read more
Stepping into the new month, investors will eye a host of stock market triggers in the coming week including the ongoing first quarter results of current fiscal (Q1FY24), domestic and global macroeconomic data, foreign capital inflow, and key decisions from global central banks. Stepping into the new month, investors will eye a host of stock … Read more
Sensex Today Live: Indian shares fell on Friday, dragged by losses in financials and information technology (IT) stocks after strong economic data from the U.S. reignited rate concerns, while Asian peers were subdued after Japan’s central bank left rates unchanged. Both the benchmarks are on course for a weekly loss after rising for four straight … Read more
28 Jul 2023, 09:14 AM IST Sensex Today Live: Amazon lays off hundred employees working in Fresh Grocery stores as part of restructuring plan As a part of its restructuring plan, Amazon has laid of its employees working in its Fresh Grocery stores in the US. The company is eliminating the “zone lead” roles for … Read more
Asian markets traded mixed on Tuesday following overnight gains on Wall Street ahead of key central bank rate decisions. Chinese stocks led the gains in the region on optimism over more economic stimulus from Beijing after China’s Politburo pledged to provide a boost to the slowing economy and its ailing property sector. In the US, … Read more
Asian markets declined on Friday following mixed cues from US stock indices and after the release of Japan’s inflation data. Japan’s core inflation rate, excluding those for fresh food, rose 3.3%, official data showed. The inflation rate is marginally higher than May’s figure of 3.2%. However, this was for the 15th straight month that the … Read more