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in BUSINESSsilver: Silver flashes signs similar to ones during GFC, poised to rally again!
Is silver poised for a rally? If a combination of factors in 2008 is anything to go by, then this could be the case. Silver has massively underperformed other asset class. For instance: Spot silver is up by 80 per cent since 2008 lows while the money supply has increased by 120 per cent and […] More
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in BUSINESScrude oil price today: Crude oil prices up on lower US stocks, firmer demand
LONDON: Oil prices firmed on Wednesday on signs of improving demand and a drawdown in US crude inventories, but worries over the economic fallout from the coronavirus pandemic and weak refining margins capped gains. Brent crude futures were up 51 cents, or 1.47 per cent, at $35.16 per barrel at 0928 GMT. US West Texas […] More
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in BUSINESS
SGX Nifty: SGX Nifty up 24 points; here’s what changed for market while you were sleeping
A spike in Covid-19 cases, concerns over economic activities due to further extension of lockdown and weak global setup may cap upside for domestic stocks on Wednesday. Stocks-specific action is likely, amid a host of quarterly earnings scheduled for the day. Here’s breaking down the pre-market actions. SGX Nifty signals positive start Nifty futures on […] More
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in BUSINESS
US stocks retreat after big Monday rally, Dow ends -1.6%
Wall Street stocks ended lower on Tuesday as top US economic officials warned the US economy faces continued risks, causing the market to give back some of the gains from the prior session. The Dow Jones Industrial Average finished down 1.6 percent at 24,206.86, pulling back from the 3.9 percent surge Monday. The broad-based S&P […] More
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in BUSINESSSGX Nifty: SGX Nifty trades 125 points higher; what changed for market while you were sleeping
NEW DELHI: Domestic stocks are likely to see a positive start on Monday, tracking Friday’s gains on Wall Street. March quarter earnings are expected to trigger stock-specific actions. Here’s breaking down the pre-market actions. TRADE SETUP Singapore trading sets stage for positive start Nifty futures on the Singapore Exchange traded 124.75 points or 1.35 per […] More
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in BUSINESS
SGX Nifty: SGX Nifty trades 95 points higher; here’s what changed for market while you were sleeping
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
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in BUSINESS
Tech Stocks-Heavy Nadsaq Composite Jumps Over 1%, Leads Wall Street Higher
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
