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Source: Live Mint Indian stock market: The Indian equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday amid weak domestic and global market cues. Asian markets traded lower, while the US stock market was closed overnight due to the National Day of Mourning for former president Jimmy Carter. On…
Source: Live Mint Nifty and Bank Nifty Analysis The benchmark stock index Nifty opened flat at 23,689.50 and closed at 23,526.50 on Thursday. Nifty50 declined by 0.69%, with the Nifty Realty Index (-2.73%), Nifty Energy (-2.03%), and Nifty Alpha 50 Index (-1.93%) dragging the market down. Meanwhile, the BSE Sensex dropped 0.68%, closing at 77,620.21….
Source: Live Mint (Bloomberg) — The devastating wildfires in Los Angeles are unlikely to have an impact on the bonds of local governments as US officials promise financial support from the Federal Emergency Management Agency, according to a report from FHN Financial. “While the personal losses and community impacts are unimaginable, so far we…
Source: Live Mint Jan 10 (Reuters) – A look at the day ahead in Asian markets. Investors in Asia approach the end of a bumpy week hoping that the relative calm that descended on the dollar and a shortened U.S. bond market session on Thursday can extend into the local session on Friday. With the…
Source: Live Mint The Sahm Rule might be a good indicator of a recession. But the timing of when the Bank of Japan unnecessarily hikes interest rates might be even better. Until the events of recent days, Bank of Japan Governor Kazuo Ueda had earned plaudits for unwinding the massive stimulus policies of his predecessor without…
Source: Live Mint (Bloomberg) — The wildfires sweeping through Los Angeles are unlikely to trigger significant losses in catastrophe bonds designed to capture such risks. Roughly 12% of the $50 billion cat-bond market is currently exposed to wildfire risk, according to Florian Steiger, chief executive officer of Icosa Investments AG, a Swiss-based investment firm. Even…
Source: Live Mint Sterling slides to 14-month low Investors brace for Trump tariff plans Fed officials signal rate cut caution (Updates to afternoon U.S. trading) NEW YORK, Jan 9 (Reuters) – The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels on concerns over tariffs…
Source: Live Mint TCS Q3 Dividend: India’s largest IT firm, Tata Consultancy Services (TCS), announced its third interim dividend issue along with a special dividend issue on Thursday, Janaury 9. The company declared an interim dividend issue of ₹10 per equity share held, along with a special dividend of ₹66 per equity share with a…
Source: Live Mint US stock markets remained closed on Thursday, January 9, to observe a National Day of Mourning for former president Jimmy Carter. The New York Stock Exchange (NYSE) and Nasdaq announced the suspension of trading activities on January 9. The New York bourse will also fly the US national flag at half-staff throughout…
Source: Live Mint FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale (OFS). Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5…
