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3 mins read

Stock market closing: Sensex inches 800 points up to close at 79,705.91, auto, IT, PSU bank indices rally

Out of the 2,780 stocks traded during the day, 1,658 stocks saw declines, 1,028 declined while 94 r…

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Stock market today: Sensex trading at 80k points, Maruti, Adani Ports take lead

As for sectoral indices, Nifty PSU Bank led by 1.11%, while IT, private bank, and oil and gas were …

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Stock market today: Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts

Rising confidence in the Fed's ability to cut rates soon is pushing investors into overlooked corne…

Filip De Mott   


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Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points

Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…

ANI   


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1 min read

Nvidia is poised to surge another 16% as signs point to 'exceedingly robust' demand for its next-gen Blackwell chip, UBS says

Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings…

Matthew Fox   


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1 min read

Mumbai-Pune to get 'closer' with transport services via new sea bridge

The travel time between Mumbai-Pune is expected to reduce by an hour with a new public bus service …

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2 mins read

Stock market today: Stocks rise and yields fall as fresh data points to cooling job market

Tuesday's JOLTS report showed job openings hit their lowest level in over three years.

Filip De Mott   


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Stock market today: Dow drops 411 points as yields jump ahead of fresh economic data

Markets digested another weak Treasury sale, with a $44 billion auction of seven-year notes met wit…

Max Adams,Filip De Mott   


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1 min read

Pakistan central bank increases policy rate by 100 basis points to 21%

The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 21 per cent t…

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1 min read

Russian central bank hikes rates 100 basis points as Ukraine war sparks ruble crash and labor crisis

Russia raised its benchmark rate to 8.5%, marking the first increase since the immediate aftermath …

Filip De Mott   


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2 mins read

Stock market today: Dow plunges 605 points as fresh economic data clouds outlook for rate cuts

Nvidia soared a day after reporting earnings, but the rest of the market flailed as new data reinfo…

Max Adams   


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1 min read

The Fed's rate-cut projections are pointing to an imminent recession, economist says

The Fed doesn't want to say it outright, but its rate forecast is nodding to a recession on the way…

Yuheng Zhan   


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Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook

Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…

Jennifer Sor   


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Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran

Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of …

Matthew Fox   


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2 mins read

Stock market today: Dow plunges 470 points as US stocks tumble on hot inflation report

The odds of a June Fed rate cut have been completely wiped off of the table, according to the CME F…

Jennifer Sor   


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2 mins read

Stock market today: Dow drops 570 points to end worst month of 2024 as traders brace for Fed decision

Stocks plunged as markets adjusted to another hot economic data point right as the Fed gets ready t…

Filip De Mott   


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1 min read

The Turkish lira plunges to its lowest level on record after central bank hikes interest rates by 650 basis points in inflation fight

Economists had expected an interest rate spike to 20%, while Goldman Sachs saw an increase to a sky…

Matthew Fox   


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Sensex jumps more than 1,000 points on impressive GDP numbers

BSE Sensex jumped more than 1,000 points on Friday reacting to India's impressive GDP numbers. Sens…

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2 mins read

Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP

Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and…

Max Adams,Yuheng Zhan   


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2 mins read

Bank of England raises bank rate by 50 basis points to 3.5 pc

At its meeting ending on December 14, 2022, the MPC voted by a majority of 6-3 to increase bank …

ANI