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US Stocks Extend Losses As New Covid Variant Threatens Economic Recovery
The S&P 500 Index declined 1.9% while the Dow Jones Industrial Average and Russell 2000 sank at least 2.5%. Equity benchmarks dropped across the board, with cyclicals and small-caps taking the brunt of the selling.
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Dow Hits 35,000 Points As US Stocks End At Records
The index was just above 35,000 points at the 2000 GMT closing bell, but settled under the benchmark after the close.
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Sensex, Nifty Set To Open Higher
U.S. stocks closed sharply higher on Wednesday as investors regained optimism that at least a partial deal on more U.S. fiscal stimulus may happen; the Dow Jones rose 1.91 per cent and Nasdaq Composite added 1.88 per cent.
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Sensex Falls 113 Points, Nifty Settles Below 10,500 As RBI Keeps Rates Unchanged
The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...
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Malaysian Police Raid 1Malaysia Development Berhad Office, Najib Razak Considers Legal Action Over Report
Malaysian police raided the office of troubled state investment fund 1MDB on today, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.
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News Corporation's Wall Street Journal Seeing Cuts, Shifting Resources
The Wall Street Journal and its Dow Jones parent announced today an unspecified number of job cuts and the closing of some foreign bureaus as they shift resources into digital.
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Buy Bajaj Auto, Sell Hero MotoCorp Today: Sanjeev Bhasin
The Nifty will attempt to close above the key 8,400 this week. Globally, the Dow Jones continues to scale new highs with Japan's Nikkei index is close in pursuit. Oil and gold prices continue to weaken despite being very heavily oversold.
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Buy SBI, UltraTech Cement Today: Sanjeev Bhasin
The Nifty is likely to open positive on Thursday as lower than expected CPI (consumer price inflation) @ 5.5% & in-line IIP(index of industrial production) @ 2.5% which came after post market hours should see Nifty cross 8,400. Globally also cues are benign after the Dow Jones closed marginally in the red.
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Sensex Poised For a Big Fall Amid Global Selloff
Indian stock markets are likely to come under sharp pressure on Thursday tracking weak global cues. The Dow Jones index in the US plummeted as much as 460 points in intraday trading yesterday, while Asian share markets traded with deep cuts today morning.
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Buy Tata Motors, Sell TCS Today: Sanjeev Bhasin
Global cues seem benign with the Dow Jones average in the US seeing sharp volatility as valuations of e-commerce and social-media caused discomfort to investors. This is a holiday-dominated week, so expect to see subdued participation locally.
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Buy Axis Bank, Sell Bank of Baroda Today: Sanjeev Bhasin
Global cues have turned benign with S&P 500 index in the US pausing around 2,000, while Dow Jones Average also consolidating above 17,000. The sharp rally in the Bovespa (Brazilian Stock Index) has caught most by surprise as it is now the best performing global Index in August with gains of almost 8 per cent.
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Bharti Airtel, HDFC, Sesa Sterlite in Focus Today
The Nifty opened higher on Friday tracking gains in US markets, where the Dow Jones crossed 17,000 for the first time on positive job report. Foreign investors continued their buying momentum on Thursday by putting in Rs 951 crore (net) in to Indian equities. Domestic investors sold shares worth Rs 624 crore (net).
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Buy Bank Nifty, Sell IT Stocks Today: Sanjeev Bhasin
The Nifty has closed above 7,700 for two straight days, which technically indicates further bullishness in stock markets. Globally, the Dow Jones closed over 17,000 and oil slipped closer to $110 per barrel, which should further strengthen the rupee.
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Sensex poised for gains after global rally
India's 50-share Nifty benchmark is poised for strong gains today tracking strength in global markets. The Nifty futures on the Singapore Exchange traded 0.5 per cent higher at 5,821 indicating a bullish start.
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Volvo Q4 net falls 82 per cent on decline in orders
Swedish heavy truck and construction equipment maker Volvo expects a weak start to 2013 as orders decline due mainly to the crisis in Europe, the group said today as it announced plunging profits for 2012.
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US Stocks Extend Losses As New Covid Variant Threatens Economic Recovery
The S&P 500 Index declined 1.9% while the Dow Jones Industrial Average and Russell 2000 sank at least 2.5%. Equity benchmarks dropped across the board, with cyclicals and small-caps taking the brunt of the selling.
-
Dow Hits 35,000 Points As US Stocks End At Records
The index was just above 35,000 points at the 2000 GMT closing bell, but settled under the benchmark after the close.
-
Sensex, Nifty Set To Open Higher
U.S. stocks closed sharply higher on Wednesday as investors regained optimism that at least a partial deal on more U.S. fiscal stimulus may happen; the Dow Jones rose 1.91 per cent and Nasdaq Composite added 1.88 per cent.
-
Sensex Falls 113 Points, Nifty Settles Below 10,500 As RBI Keeps Rates Unchanged
The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...
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Malaysian Police Raid 1Malaysia Development Berhad Office, Najib Razak Considers Legal Action Over Report
Malaysian police raided the office of troubled state investment fund 1MDB on today, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.
-
News Corporation's Wall Street Journal Seeing Cuts, Shifting Resources
The Wall Street Journal and its Dow Jones parent announced today an unspecified number of job cuts and the closing of some foreign bureaus as they shift resources into digital.
-
Buy Bajaj Auto, Sell Hero MotoCorp Today: Sanjeev Bhasin
The Nifty will attempt to close above the key 8,400 this week. Globally, the Dow Jones continues to scale new highs with Japan's Nikkei index is close in pursuit. Oil and gold prices continue to weaken despite being very heavily oversold.
-
Buy SBI, UltraTech Cement Today: Sanjeev Bhasin
The Nifty is likely to open positive on Thursday as lower than expected CPI (consumer price inflation) @ 5.5% & in-line IIP(index of industrial production) @ 2.5% which came after post market hours should see Nifty cross 8,400. Globally also cues are benign after the Dow Jones closed marginally in the red.
-
Sensex Poised For a Big Fall Amid Global Selloff
Indian stock markets are likely to come under sharp pressure on Thursday tracking weak global cues. The Dow Jones index in the US plummeted as much as 460 points in intraday trading yesterday, while Asian share markets traded with deep cuts today morning.
-
Buy Tata Motors, Sell TCS Today: Sanjeev Bhasin
Global cues seem benign with the Dow Jones average in the US seeing sharp volatility as valuations of e-commerce and social-media caused discomfort to investors. This is a holiday-dominated week, so expect to see subdued participation locally.
-
Buy Axis Bank, Sell Bank of Baroda Today: Sanjeev Bhasin
Global cues have turned benign with S&P 500 index in the US pausing around 2,000, while Dow Jones Average also consolidating above 17,000. The sharp rally in the Bovespa (Brazilian Stock Index) has caught most by surprise as it is now the best performing global Index in August with gains of almost 8 per cent.
-
Bharti Airtel, HDFC, Sesa Sterlite in Focus Today
The Nifty opened higher on Friday tracking gains in US markets, where the Dow Jones crossed 17,000 for the first time on positive job report. Foreign investors continued their buying momentum on Thursday by putting in Rs 951 crore (net) in to Indian equities. Domestic investors sold shares worth Rs 624 crore (net).
-
Buy Bank Nifty, Sell IT Stocks Today: Sanjeev Bhasin
The Nifty has closed above 7,700 for two straight days, which technically indicates further bullishness in stock markets. Globally, the Dow Jones closed over 17,000 and oil slipped closer to $110 per barrel, which should further strengthen the rupee.
-
Sensex poised for gains after global rally
India's 50-share Nifty benchmark is poised for strong gains today tracking strength in global markets. The Nifty futures on the Singapore Exchange traded 0.5 per cent higher at 5,821 indicating a bullish start.
-
Volvo Q4 net falls 82 per cent on decline in orders
Swedish heavy truck and construction equipment maker Volvo expects a weak start to 2013 as orders decline due mainly to the crisis in Europe, the group said today as it announced plunging profits for 2012.
