Before Market Opens: Indian markets are likely to open higher on Monday following gains in Asian peers. Furthermore, Gift Nifty was trading 50 points higher, indicating a strong start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: The S&P 500 closed out the week with slight gains … Read more
Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Monday tracking positive global market cues. Asian markets traded higher, while the US markets ended the March quarter on a stronger note led by a rally in technology stocks. With the beginning of a new financial year, Investors … Read more
The US gross domestic product (GDP) grew at a 3.4 per cent annualized rate in the fourth quarter (October-December 2023), up from 3.2 per cent estimates a month ago. Higher estimates of consumer spending, exports and business investment supported the economy during the quarter-under-review. ‘’The update primarily reflected upward revisions to consumer spending and non-residential … Read more
US economic growth was slightly weaker than previously estimated in the fourth quarter last year, according to government data released Wednesday, due mainly to a downward revision to business investment. GDP growth in the world’s biggest economy was revised to an annual rate of 3.2 percent in the final three months of 2023, from an … Read more
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to extend gains on Thursday following the positive trend in the global markets. Asian markets traded higher while the US stocks rallied overnight after strong quarterly earnings reports and easing Treasury yields. Catch Stock Market Live Updates here Investors also assessed … Read more
Indian stock market: The domestic benchmark equity indices, Sensex and Nifty 50, are likely to open lower on Wednesday following a sell-off in global markets. Asian markets traded lower, while the US stocks ended with deep cuts after sticky US inflation data dashed hopes for early interest rate cuts by the US Federal Reserve. Higher … Read more
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Asian markets traded mixed, while the US stock indices ended lower overnight as mixed … Read more
Indian stock market: The domestic equity indices are expected to open on a flat note Thursday amid positive global cues. Investors await the release of Q3 results from major IT companies later today, marking the beginning of the earnings season for the third quarter of FY24. Asian markets traded higher, while the US stocks ended … Read more
The US Federal Reserve is widely expected to maintain policy rates in the current 5.25-5.50 per cent range when it concludes its two-day monetary policy meeting on Wednesday, December 13. Besides, the US central bank is expected to remain hawkish as inflation remains above its 2 per cent target. US inflation came on expected lines … Read more
The United States Federal Reserve’s (US Fed) two-day monetary policy meeting is being held from December 12-13 (Eastern Standard Time – EST). And on Wednesday (EST) Fed Chair Jerome Powell will announce the central bank’s rate decision in a press conference. Known as the Federal Open Market Committee’s meeting (FOMC Meeting), the rate announcement will … Read more