In recent news, the stock market in Asia experienced positive growth after the Reserve Bank of Australia (RBA) decided to keep interest rates steady. This move by the central bank alleviated concerns among investors about the potential tightening of monetary policies. Let’s look deeper into the details and explore the impact of this decision on…
MUMBAI: As businesses begin disclosing their financials, India Inc. is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency warned on Thursday.According to Crisil’s Market Information and Analytics division, the revenue growth will drop to 10–12% from 22.8–% for the January–March period last year.According to the…
The Federal Reserve’s policy meeting minutes from March revealed that officials are worried about the financial crisis and the high inflation, which led to a decline in US markets on Wednesday. At 4,092.28, the S&P 500 fell by 0.40 percent. At 33,652.63, the Dow Jones Industrial Average decreased by 0.10%. At 11,931.13, the Nasdaq Composite…
Benchmark indices saw a drop in early trade on Thursday following an eight-day surge on negative trends in the US equities markets brought on by new recession fears.The benchmark indices had a negative trend in the morning trade as a result of IT counter losses.In early trading, the 30-share BSE Sensex dropped 164.66 points to…
Global markets today: On Tuesday, a measure of global stocks went up and bond yields went up just a little bit. This is because traders think that interest rates will soon reach their highest point, and the market is betting that the US Federal Reserve will tighten monetary policy even more in May to stop…
Wednesday was the eighth day in a row that the benchmark indices Sensex and Nifty went up. This was due to continued foreign fund inflows and buying in IT, healthcare, and auto stocks. The BSE Sensex went up 235.05 points, or 0.39 percent, to finish at 60,392.77. During the session, it went up 279.92 points,…
As investors wait for the US inflation statistics to be revealed on Wednesday in order to determine the near-term direction for interest rates, US stocks reversed losses and ended the day with a mixed performance. The anticipation that the US Federal Reserve would raise interest rates in May has increased as a result of the…
World market today: The US stock market closed the weekend session higher thanks to a relief rally in the US Dollar Index, with all three of the major benchmark indices finishing in positive territory. Monday’s early morning trading saw the US dollar rate continue to rise as the Dollar Index approached 102 levels. Today’s SGX…
MUMBAI: In accordance with strong trends in the international markets and significant purchasing in index heavyweight Reliance Industries, benchmark indexes Sensex and Nifty closed the final day of the 2022–23 fiscal year with a nearly 2% increase.The upward momentum in the share market was further strengthened by recent inflows of foreign funds.The 30-share BSE Sensex…
As concerns over a banking crisis subsided, bank shares surged on Tuesday, helping to boost global stock markets. The multitude of steps taken by regulators to stabilise the banking sector bolstered investor optimism. U.S. stock US markets rose on Tuesday as a result of the banking sector’s stabilisation. S&P 500 increased 1.29% to close at…
