Markets saw a volatile day of trading as the pendulum swung. Both the Bank Nifty and the Nifty index closed around their highs, recovering their first-half losses in the second half of trading. Shares of the bank topped the list with shares such as SBI, ICICI Bank, and HDFC Bank. The Nifty PSU Bank Index…
Gold rose in Asia on Monday morning, hitting the US. Increased treasury yields by retreating. Gold futures rose 0.33% to $ 1,774.85. U.S. Yellow metal fell 6% in the previous week to its worst week since March 2021, after the Federal Reserve made a surprisingly bad position when it issued its latest policy decision. The…
Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
Markets saw a volatile day today. Both the Bank Nifty and the Nifty Index closed slightly lower, losing their first half at the close of trading. Hindustan Unilever topped the big cap stocks, up 3% on new long-term gains, while Adani Port and Adani End closed with strong gains, narrowing. Nifty Midcap 100 index closed…
Gold rose in Asia on Friday morning. However, U.S. investors continue to digest the Federal Reserve’s surprisingly bad policy decision, the yellow metal is set to close at its lowest level since March 2020. Gold futures rose 0.60% to $ 1,785.45. The dollar fell on Friday after hitting a two-month high but went into its…
The Nifty is down below 15,600 Benchmark indices traded in red on Friday afternoon, which saw significant selling pressure. After opening a firm note among mixed global references, the market destroyed all of its initial gains, being pulled by metals, energy, and oil and gas stocks. The indices were able to erase some of their…
Weather Forecasts Weight forecast for Chicago corn futures fell more than 1% on Thursday in some parts of the USA and soybeans fell to a two-month low. Wheat rose for the second session in a row. “Weather forecasters are constantly looking for rain and cold temperatures this weekend, while dry and hot weather prevails in…
In 2023, the U.S. Asian stocks extended losses for the week as investors digested feedback from the Federal Reserve’s plan rate hike. Treasury yields were high and the Green Pack was nearing a two-month high on Friday. While the central bank press release did not show a clear end to pro-policy measures such as bond…
The SGX Nifty is at 15,768.50, up 87.55 points. Foreign broad investors turned sell-offs as US weak global markets and strong Nifty closed on the 2nd day. Metals, banks, and industrial stocks saw selling pressure, while IT & FMCG gained. The fall in bond yields today is well suited for banks that can be seen…
Markets saw a negative trading day. Bank Nifty cut the Nifty index by 8 0.8% and both indices were down ~ 1.4% / 0.6%. Shares of Adani End, Adani Ports, SBI, and ICICI Bank added short-term gains, while Adani Group shares and financial stocks were the best performers. The Nifty Midcap 100 index closed 1.3%…
