The December futures contract of the GIFT Nifty traded 0.17% lower at 21,384.50 as of 7:26 a.m. Markets in Asia rose on Friday, tracking overnight gains on Wall Street as recent economic data from the US supports traders’ expectations of rate cuts by the Federal Reserve next year. The US gross domestic product grew at 4.9% …
It is not very often that you see the Nifty drop 500 points from the day’s high, but it is also not very often that you see the index rally close to 3,000 points within two months either. Therefore, Thursday’s correction witnessed by the benchmarks, without any apparent trigger, may not have surprised many market …
The December futures contract of the GIFT Nifty traded 0.03% lower at 21,610 as of 7:31 a.m. Most markets in the Asia-Pacific region rose, tracking overnight gains on Wall Street as traders continued to remain optimistic about the U.S. Federal Reserve cutting interest rates in 2024. Equities in Japan rose as traders assessed the Bank of …
Most Indices in Asia opened higher tracking gains in Wall Street. Investors in Japan await the outcome of Japan central bank’s two-day meeting. Amid speculations that the Bank of Japan will soon end the world’s last negative-rate regime, economists see April as the most likely timing for a change, according to a Bloomberg survey. Australia’s …
The last three weeks have seen the Nifty 50 gain nearly 700 points. But when one looks at the weekly picture, the index has gained for seven weeks in a row. Since the last week of October when the index began to rally, the Nifty has gained nearly 2,500 points. Over last Thursday and Friday, …
Markets in the Asia-pacific region rose on Friday as optimism from the U.S. Federal Reserve’s policy-meet outcome continued to weigh on the benchmark U.S. 10-year treasury yields. Shares in Japan, South Korea, and Australia edged higher. The Nikkei was 1.19% up at 33,075.89, and Kospi was up 0.94% at 2,568.06 as of 07:30 a.m. The …
Equity benchmark indices reached fresh milestones on Monday (December 11) tracking positive global cues but witnessed some selling pressure at higher levels. The 30-pack Sensex scaled the 70,000-mark for the first time while the Nifty hit a new high of 21,026.10 as the bull run continued. At close, the Sensex was up 102.93 points, or …
With a 3.5% surge last week, the Nifty 50 not only had its best week of 2023, but also the best one since July 2022. It also crossed the 21,000 mark on an intraday basis on Friday, but failed to sustain above those levels. The Nifty scaling 21,000 also led to some profit booking in …
The market is taking a breather after a record breaking run took the Nifty 50 to newer highs this week. Although the Nifty 50 snapped a seven-day winning streak on Thursday, it managed to close above the 20,900 mark. For the week, the index is up over 3%. A weekly gain of over 3% would …
After a pretty dull second half of the month, the Nifty 50 has picked up steam and how over the last few days. The index is up nearly 500 points in the last five trading sessions, most of which have come over Tuesday and Wednesday. The mid-week session also saw BSE-listed companies cross $4 trillion …