The FinTech Hub
Source: Live Mint The Indian market closed on a lower note for the week on Friday, dragged down by auto and banking stocks. While pharma and metal stocks offered some support, it wasn’t enough to push the indices higher. As a result, the Nifty 50 fell by 0.14%, ending below the 25,000 mark for the…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 7:00 PM IST Benchmark indices fell on Friday as higher-than-expected US inflation muddled the outlook for rate cuts in the US. The Sensex ended the session at 81,381, with a decline of 230 points, or 0.3 per cent, while the Nifty50…
Source: Live Mint The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking….
Source: Business Standard The Indian rupee is likely to open little changed on Friday as traders gauge the pullback in odds. (Photo: Shutterstock) 2 min read Last Updated : Sep 27 2024 | 9:01 AM IST The Indian rupee is likely to open little changed on Friday as traders gauge the pullback in odds…
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 3:24 PM IST After the US Federal Reserve’s supersized rate cut by half a percentage or 50 basis points (bps) late on Wednesday, analysts suggest investors stock up rate sensitives like banks, auto, and real estate. “Our portfolio strategy would…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…
Source: Live Mint US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that…
Source: Business Standard Wall Street staged an impressive rebound overnight, after all three major US stock indexes surged more than 1 per cent | Representational 4 min read Last Updated : Sep 10 2024 | 8:33 AM IST Asian stocks reversed early losses to rise marginally on Tuesday following Wall Street’s overnight rally, though…
Source: Live Mint Indian stock market benchmarks witnessed a surprising decline last week after consolidating at all-time highs for 14 straight sessions dragged by weak global cues. In the second week of September, investors will closely monitor key triggers such as domestic and global macroeconomic data, including inflation in India and the US, foreign fund…
