Asian markets traded mostly higher on Thursday, while US stock market ended sharply lower overnight amid concerns over economic growth. While Japanese and South Korean markets traded higher, Hong Kong markets are likely to open on a weak note. Investor sentiment dampened after US Federal Reserve Chair Jerome Powell cautioned that US President Donald Trump’s…
Indian stock market benchmark indices — the Sensex and Nifty 50 — witnessed a sharp decline on Monday, mirroring a global sell-off triggered by escalating fears of a recession in the United States. The concerns stem from mounting trade tensions, following a fresh round of reciprocal tariffs imposed by US President Donald Trump, fueling fears…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Thursday, following gains in global markets. Asian markets gained, while the US stock market ended mostly higher overnight, led by a rally in technology stocks and cooler inflation data. On Wednesday, the Indian stock market indices ended…
With China retaliating swiftly, slapping 15% tariffs on select US goods, the battle lines are once again drawn in a high-stakes economic standoff. But amid the turmoil, a new opportunity emerges for India—one that could shift global supply chains and strengthen its foothold in key US markets. India, which directly competes with China in sectors…
India’s gross domestic product (GDP) figures for the July-September quarter of the current financial year shocked many. The Q2FY25 GDP growth rate was 5.4 per cent, the lowest in nearly two years. In the corresponding quarter last year, India’s GDP growth was an impressive 8.1 per cent, while in Q1FY25, the economy grew by 6.7…
A hiccup in India’s world-beating economic growth may exacerbate near-term weakness in stocks, according to strategists. The economy expanded at the slowest pace in almost two years in the September quarter, data Friday showed. Market participants expect a pickup in growth in the second half of the fiscal year, especially if the Reserve Bank of…
The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections. Continuous outflows from foreign investors and the Middle East crisis are also aiding the negative sentiment. The benchmark Nifty has lost over 11 per cent from its record…
Early results from the 2024 US election show former President Donald Trump, the Republican candidate, gaining an initial lead over Democratic candidate and current Vice President Kamala Harris. So far, Trump has collected 168 votes, while Kamala Harris bagged 81 votes, reported AFP. A candidate must secure at least 270 of the 538 votes (Electoral…
The Indian stock market is seeing increased foreign capital outflows as the ‘sell India, buy China’ strategy gains momentum. China’s latest stimulus package, unveiled in September and October, includes reductions in reserve requirements, mortgage rate cuts, and liquidity injections. It is aimed at boosting overall economic growth and has drawn substantial investor interest due to…
The Indian stock market experienced notable volatility on Monday, October 7, with the benchmark Sensex plunging 1,088 points from its intraday high amid a broad-based selloff. The Sensex opened at 81,926.99 against its previous close of 81,688.45 and rose nearly 450 points to 82,137.77. The index, however, erased all gains and finally ended 638 points,…