On Tuesday—the worst day for the Indian markets since 28 March—benchmark indices tumbled more than 1.5%, reflecting jitters around the upcoming announcement and leaving investors poorer by more than â‚ą3.4 trillion. The S&P BSE Sensex dropped 1.8% to settle at 76,024.51, while peer Nifty 50 closed 1.5% lower at 23,165.70. After a sharp 14% correction,…
Stock market today: Indian markets, which opened lower on Thursday, March 27, tracking weak global cues, quickly reversed their losses as financial stocks led a rebound, bringing the frontline indices back into action after the sharp sell-off in the previous session. The rebound in oil & gas, realty, and metal stocks has supported the indices,…
The Federal Reserve, the central bank of the United States, is driving blindfolded. That’s my single most important takeaway from its policy announcement last week. On the predictable side, the Fed kept policy rates in a range of 4.25-4.5%, and the rate-setting committee pledged to slow the pace at which it’s allowing securities to roll…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Thursday, following a rally in global markets after the US Federal Reserve’s monetary policy outcome. Asian markets traded higher, while the US stock market rallied overnight after the Fed policy. The US Fed Chair Jerome Powell-led Federal…
However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing a sharp decline….
The Indian stock market resumed its downward trajectory, displaying a consolidation tone over mixed global cues in the holiday-shortened week after a brief recovery earlier this month. Investor sentiment remained cautious due to escalating concerns over a potential global trade war, driven by updates on US tariff plans and retaliatory tariffs from other countries. Next,…
Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at â‚ą87,781 per 10 grams and strengthened further to hit a fresh peak of â‚ą88,280, marking a 0.57% jump from…
Might this be the year that stagflation returns to the US? It has been half a century: The last time the US economy had both excessively high inflation and unduly high unemployment was in the mid-1970s, with inflation rates reaching 12.2% in 1974 and unemployment at 8.5% in 1975. The new stagflation is unlikely to…
Inflation concerns may well have given Donald Trump the US presidency. His campaign harped on the elevated cost of eggs and bacon and argued that his predecessor Joe Biden, along with Fed chair Jerome Powell, had enabled an “inflation nightmare.” Now, he faces public inflation expectations that are utterly divorced from reality and could well…
Wall Street Today: Stock market for the United States opened lower on Wednesday, February 12, after investors’ hope of a US Federal Reserve rate cut disappeared after the US Bureau of Labor Statistics posted a higher than expected inflation data for January 2025. Also Read | PM Modi departs for US after wrapping up France…
