By Julian Lee For the first time in weeks the oil news isn’t all bad. Output cuts are starting to make big inroads into supply, and demand is beginning to recover, ever so slightly, as something more like normal life resumes in parts of the world. But there’s a double risk on the horizon: Just […] More
Image copyright Getty Images Image caption Scotland will stay in lockdown until the R-value is “comfortably” below one – and stays there The R-value or reproduction number is at the heart of Nicola Sturgeon’s decision not to take Scotland out of lockdown. What is the R number and why might it be higher in Scotland […] More
You might be wondering why the stock market is doing so well when you’re doing so badly. Even if you’re coasting, you likely know people who are struggling. The reality is, small-town America doesn’t go under the lens of Wall Street, says Walid Petiri, owner of Financial Management Strategies, an advisory firm in Baltimore. Certain […] More
NEW DELHI: A phone call between the US and Chinese trade representatives calmed the frayed nerves of investors on Dalal Street, taking domestic equity indices higher in opening trade on Friday. Firm cues from global peers also boosted the sentiment back home. RIL and private bank stocks were at the forefront of this rally. Meanwhile, […] More
Domestic stock markets started Friday’s session on a positive note tracking gains in global peers. The S&P BSE Sensex index rose as much as 2.05 per cent – or 645.13 points – to touch 32,088.51 in the first few minutes of trade, having started the session at 32,083.32. The broader NSE Nifty 50 benchmark climbed to as […] More
NEW DELHI: Data showing a strong Rs 19,000 crore inflows from FPIs on Thursday has come as a confidence booster for Dalal Street. A positive start to other Asian markets may also help boost sentiment. Here’s breaking down the pre-market actions. TRADE SETUP Singapore trading sets stage for positive start Nifty futures on the Singapore […] More
New or higher taxes will impoverish families further, P Chidambaram asserted. New Delhi: Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes […] More
Today Gold price India: According to Mumbai-based IBJA, gold jewellery rate was at Rs 45,914 per 10 grams Gold Price In India: Domestic gold futures edged higher on Wednesday to touch the Rs 45,800 per 10 grams mark tracking weakness in global rates. MCX gold futures declined by as much as Rs 97 per 10 […] More
The Nifty futures were trading at 9,385, higher by 99 points, on Singapore Stock Exchange The benchmark indices are likely to open in the green, post the almost-6 per cent fall in the previous session, as a late tech-led rally in Wall Street led to a firm opening In Asian markets and SGX Nifty trading […] More
MSCI’s broadest index of Asia Pacific shares outside Japan was last seen trading up0.40% Domestic stock markets started Tuesday’s session on a positive note a day after falling nearly 6 per cent to log their worst day in six weeks following the extension of a 40-day lockdown to curb the spread of the coronavirus (COVID-19) […] More
The Nasdaq Composite index posted 18 new highs and 14 new lows for the session The Nasdaq Composite index jumped more than 1 per cent on Monday, leading a rebound in the US stocks following two days of losses. The technology stocks-heavy Nasdaq index spiked as much as 1.29 per cent – or 110.87 points – […] More
Other Asian currencies also gained against US dollar The rupee, on Tuesday, surged 10 paise to close at 75.63 against the US dollar on Tuesday, fueled by a buoyant higher domestic equity markets and gains in some Asian currencies. Forex traders said the rupee is trading in a narrow range as positive domestic equities supported the […] More
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