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Source: Live Mint Wall Street today: US stocks are falling Friday toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory for Donald Trump and cut to interest rates by the US Federal Reserve keeps fading. The S&P 500 sank 1.1 per cent and was heading for…
Source: Live Mint Gold prices on MCX opened sharply lower on Thursday tracking weakness in international bullion prices that hit a two-month low amid a stronger US dollar. Silver prices also dropped by more than 1%. At 9:05 am, MCX gold rate traded lower by ₹609, or 0.82%, at ₹73,873 per 10 grams, while MCX…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, declined on Friday, concluding the week in negative territory, as worries over lackluster corporate earnings and ongoing foreign fund outflows overshadowed the gains made in information technology (IT) shares after the US Federal Reserve’s anticipated interest rate reduction. The Nifty 50…
Source: Live Mint Although the US Federal Reserve refrained from surprising markets and trimmed the benchmark interest rate by 25 bps to 4.50 – 4.75 per cent on November 7, markets seemed disappointed by Chair Jerome Powell’s tone, which suggested uncertainty about the future path of interest rates. In the September meeting, the US Fed…
Source: Live Mint Indian stock market extended its slide to the second consecutive day on Friday, November 08, as sharp selloff in major large-cap stocks, including Reliance Industries, ICICI Bank, State Bank of India, and Trent, weighed heavily on the frontline indices, causing them to end the session in the red. The 25-basis point rate…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
Source: Live Mint Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Indian benchmark indices, which tracked global peers to rally by over 1% each…
Source: Live Mint Indian stocks are currently experiencing one of the bleakest days in recent history, as a convergence of global and domestic factors continues to weigh heavily on investor sentiment, pushing the frontline indices to fresh monthly lows. The Nifty 50 and S&P BSE Sensex, after suffering their worst monthly performance in over four…
Source: Live Mint US Fed meeting: The US Federal Reserve prepares for its policy meeting this week, while anticipations are high that the central bank will propose a 25 bps rate cut. The rate reduction is anticipated to occur amid the backdrop of a presidential election year, adding a layer of complexity to the Fed’s…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced gains during a special one-hour muhurat trading session on Friday, November 1, celebrating the Diwali festival, with the rise primarily driven by auto stocks following encouraging monthly sales figures. The Nifty 50 advanced by 0.41% to 24,304.35, while the Sensex…
