Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Thursday led by positive global cues. Asian markets traded in the green following overnight gains in the US stock market after soft economic data raised hopes of interest rate cuts by the Federal Reserve. Sentiment in the Indian …
Indian stock market: The domestic benchmark equity indices, Senex and Nifty, are expected to open higher on Friday tracking mixed global market cues and trends on Gift Nifty. Asian markets traded higher, while the US stock indices ended lower overnight weighed down by selling in technology stocks. Investors digested data on US GDP, showing the …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
Thursday turned out to be a forgettable day on Wall Street, quite contrary to what the Indian markets experienced. The Dow Jones fell over 1.5% or 600 points to see their worst session of 2024. Losses in the Dow were led by Boeing, which fell over 7.5%. The S&P 500 also fell 0.7%, while the …
Indian stock market: The domestic equity market is expected to open flat to positive as Gift Nifty saw morning trade at 22,671, up 21 points, or 0.1% tracking the weak global cues in US and Asian markets after US Fed meeting minutes revealed hawkish comments. On Wednesday, the Indian stock market indices ended higher led …
US stocks were drifting on Wednesday ahead of chip giant Nvidia’s quarterly results and the US Federal Reserve’s policy meeting minutes. Nvidia, based in Santa Clara, California, will release its first quarter earnings after the market close on Wednesday. Nvidia’s stock is the third largest on Wall Street, following its more than 92% surge this …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
In the week ahead on Wall Street all eyes will be on the US Federal Reserve’s monetary policy meeting. After inflation data released last week showed that the consumer prices in the US rose in February, the Fed policymakers are widely expected to keep interest rate unchanged. The FOMC’s (Federal Open Market Committee) interest rate …
US stocks edged lower on Wednesday ahead of an inflation data due later in the week. At 09:35 a.m. ET, the Dow Jones Industrial Average was down 204.74 points, or 0.53 per cent, at 38,767.67, the S&P 500 was down 14.78 points, or 0.29 per cent, at 5,063.40, and the Nasdaq Composite was down 66.84 …
US stocks surged on Thursday on robust Nvidia results. Nvidia’s shares rallied 12.9 per cent after the chipmaker forecast a roughly three-fold surge in first quarter revenue on strong demand for its artificial intelligence (AI) chips. At 09:42 a.m. ET, the benchmark S&P 500 was up 1.31 per cent at 5,047.07, after hitting intraday record …