Investors were uneasy even before central banks around the world were able to control inflationary pressures due to a possible spread of the US and European banking crisis. In fact, a systemic credit risk is currently the top tail risk for the markets, according to the BofA March Global Fund Manager Survey. As a result,…
MUMBAI: After a two-day surge, equity indexes fell in the opening trading on Thursday, going along with a sluggish trend in the world markets.The pressure was increased further by a negative trend in index heavyweights Reliance Industries and IT counters.After a shaky start, the 30-share BSE Sensex dropped 341 points to 57,873.59. The NSE Nifty…
MUMBAI: In keeping with a strong trend in global stocks, stock markets opened trading on a bullish note on Wednesday, building on their gains from the previous day.The BSE Sensex (30-share) increased 344.1 points to 58,418.78. The NSE Nifty, a wider index, increased 99.75 points to 17,207.25.Tata Motors, IndusInd Bank, UltraTech Cement, Larsen & Toubro,…
Buy or sell stocks today: Dalal Street rose and managed to end higher on Tuesday as a result of strong global sentiments on overnight gains in US stock markets. The 30-stock Sensex ended 445 points higher at 58m074, while the 50-stock Nifty index closed 119 points higher at 17,107 levels. The Bank Nifty index increased…
SVB collapse: With the start of the Silicon Valley Bank (SVB) crisis, the equities market experienced a sharp sell-off. Yet, the SVB problem is evolving into a US banking crisis as a few additional institutions, including Signature Bank, First Republic Bank, and others, have had financial difficulties. In fact, Credit Suisse, the second-largest Swiss bank…
