Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed largely by major bank stocks following better-than-expected results from ICICI Bank […]
European stock markets edged lower Tuesday, as investors digested dire Chinese growth numbers as concerns about the global economic outlook remain high. At 04:15 ET (09:15 GMT), the DAX index in Germany traded 0.2% lower, the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.2%. European equities have had […]
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes. By 6:356pm ET (11:35pm GMT) Dow Jones Futures and S&P 500 Futures were up 0.3% while Nasdaq 100 Futures added 0.2%. Ahead […]
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were […]
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further […]
However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute, […]
On Friday, the coal ministry will host a high-level Investors’ Meeting to encourage private-sector investment. Coal Minister Pralhad Joshi will kick off the event, which will take place in Mumbai. “Joshi will hold a high-level Investors’ Meet in Mumbai on May 6, 2022, focusing on the topics of ‘Launching of closed/discontinued coal mines of Coal […]
By Administrator_ India Capital Sands Gold was down on Tuesday morning in Asia ahead of U.S. inflation data that could hint at when the U.S. Federal Reserve could begin asset tapering. Gold futures inched down 0.09% to $1,792.85 by 12:07 AM ET (4:07 AM GMT). The dollar, which usually moves inversely to gold, inched down on […]
By Administrator_ India Capital Sands The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 91.767 by 12:13 AM ET (4:13 AM GMT). The USD/JPY pair inched down 0.01% to 110.84, with the yen just below a 15-month low against the dollar. Data released earlier in the day said that the Tokyo […]
By Administrator_ India Capital Sands Moody’s Investors Service on Wednesday slashed India’s growth projection to 9.6 percent for the 2021 calendar year, from its earlier estimate of 13.9 percent, and said faster vaccination progress will be paramount in restricting economic losses to the June quarter In its report titled “Macroeconomics – India: Economic shocks from […]
