Prime Minister Narendra Modi will be addressing a public meeting titled as ‘Vijay Sankalpa Sabha’ at Parade Grounds in Secunderabad here on July 3. As the title of the meeting suggests, PM Modi may sound the poll bugle for the 2023 Assembly polls in Telangana to prepare the BJP … Read more
An army recruitment rally under the new Agnipath scheme will be conducted from August 23 to September 11 in Ahmednagar district, over 120 kilometres from here, an official said on Saturday. The recruitment rally is being conducted for Agniveer General Duty, Agniveer Technical, Agniveer Clerk/ Store Keeper Technical and … Read more
US government bonds rallied sharply on Friday after a gloomy report on America’s factory sector intensified concerns over the outlook for the world’s biggest economy. The yield on the 10-year Treasury note, a benchmark for global government bond markets as well as consumer loans and mortgages, dropped 0.13 percentage points to 2.88 per cent in … Read more
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered sharp losses Tuesday, with the Nasdaq and S&P 500 breaking below a key level. X Economic reports revived recession and inflation fears. A report of Intel (INTC) chip price cuts due to PC weakness slammed Intel … Read more
(Bloomberg) — Stocks extended a climb in Asia on Monday as investors assessed whether inflation is cresting and recession can be averted. Most Read from Bloomberg Chinese tech shares helped an Asian equity index jump more than 1.5%. European futures rose modestly but S&P 500 and Nasdaq 100 contracts wavered. Global stocks last week posted … Read more
Technical and derivative analysts expect the Nifty to rise further in the coming week, up to 16,000 levels. The Nifty gained 2.7% last week to 15,699.25, outperforming most of the Asian peers. SUDEEP SHAH HEAD, TECHNICAL & DERIVATIVES RESEARCH, SECURITIES What should investors/traders do? Investors should look to buy the dips until 15,450 levels are … Read more
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally attempt gained momentum, with the major averages running up sharply Friday and for the week. X UnitedHealth (UNH), Shockwave Medical (SWAV), Ulta Beauty (ULTA), Enphase Energy (ENPH), Sociedad Quimica y Minera (SQM), Quanta Services (PWR), … Read more
NEW DELHI: At a time when the market was rallying, auto sector sulked. And now, when the market is in total disarray, strength seems to have returned to auto counters, helped by healthy volumes and hopes of commodity benefits after the government moved to reduce steel prices. The Nifty auto index trades flat, with a … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Article content NEW YORK — Global stocks rallied and government bond yields and the dollar retreated from multi-year highs on Wednesday as investors cheered the Federal Reserve’s decision to raise interest rates by three-fourths of a percentage point, the biggest increase since 1994. Investors … Read more
European bank stocks and Italian government bonds rallied after the European Central Bank signalled readiness to try to safeguard weaker nations in the bloc from rising debt costs. The Stoxx Europe 600 index added 1.1 per cent, with its banking sub-index gaining 2.9 per cent. Italian bank Intesa Sanpaolo rose 5.5 per cent. The yield … Read more