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2 mins read

Sensex, Nifty draw back from lifetime highs on profit taking; HDFC Bank, ICICI major drag

The NSE Nifty dipped 37.10 points or 0.14 per cent to 26,178.95 after rising 61.3 points or 0.23 pe…

PTI   


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Stock market today: US indexes edge higher to records as Powell talks up strength of the economy

"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…

Matthew Fox   


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2 mins read

Markets on a roll: Sensex, Nifty hit fresh highs tracking rally in Asian peers

From the 30 Sensex firms, Maruti jumped nearly 5 per cent. Tata Motors, Bajaj Finserv, Mahind…

PTI   


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Stock market today: US stocks edge up amid Middle East turmoil as traders turn to incoming data

Traders are looking ahead to the Friday jobs report, which should give more insight into the streng…

Jennifer Sor   


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2 mins read

Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says

Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…

Kelly Cloonan   


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2 mins read

Stock market today: US stocks notch 4-week win streak after strong jobs report eases fears of an economic slowdown

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs repor…

Matthew Fox   


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2 mins read

Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment

Stocks hit new record highs as a rally in Nvidia pulled indexes up, offsetting weak consumer confid…

Filip De Mott   


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1 min read

Stock market today: US indexes gain after soft inflation report supports more rate cuts

"The Fed feels as though it has won the battle on inflation and its primary focus is making sure th…

Matthew Fox   


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1 min read

Why oil prices have cratered to their lowest level in nearly 3 years

The demand outlook for oil is weakening as recession concerns mount in the US and China's future lo…

Matthew Fox   


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2 mins read

Stock market today: Indexes extend gains as investors gear up for fresh economic data

Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50…

Matthew Fox   


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Stock market today: Indexes add to records as traders parse more economic data and Fed comments

Stock indexes continued to climb after a record close on Monday, as investors tuned in to new comme…

Filip De Mott   


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Stock market today: S&P 500 goes for 5-day win streak as markets look ahead to next week's Fed meeting

"While we acknowledge risks of larger cuts at subsequent meetings, we think the Fed will start off …

Matthew Fox   


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Stock market today: Indexes trade mixed as record-setting rally wavers ahead of more data, Fedspeak

Traders are looking for clues about the state of the economy from incoming data and a lineup of Fed…

Jennifer Sor   


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3 mins read

Stock market closing: Bloodbath on Nifty, Sensex, metal index loses 3.95%, media down by 2.32% during the day

​Auto was down by 2.4%, while financial services was down by 1.09%. Media lost 2.32%, while metal w…

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2 mins read

Stock market today: Dow, S&P 500 drop as rally loses steam ahead of fresh economic data

Traders are waiting on the second-quarter GDP revision and weekly jobless claims data to roll out o…

Jennifer Sor   


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2 mins read

Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says

Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a stu…

Jennifer Sor   


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2 mins read

Stock market today: Dow hits record high, stocks notch 3-week win streak ahead of key jobs report

Investors will be laser focused on the jobs market next week, with the ADP employment report on Wed…

Matthew Fox   


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3 mins read

Nifty halts 14-day rally; Sensex drops over 200 points tracking weak global markets

Among the 30 Sensex firms, ICICI Bank, State Bank of India, Axis Bank, Mahindra & Mahindra, Infosys…

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2 mins read

Stock market today: Indexes edge down as traders hit pause after rally to record highs

Friday could see a surge in trading activity due to triple witch option expirations and S&P index r…

Matthew Fox   


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3 mins read

Stock market today: Indexes edge up ahead of major Fed interest rate decision

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…

Jennifer Sor