[ad_1] U.S. stocks ended with modest losses on Monday, as the focus shifted after last week’s AI-fueled rally to upcoming economic data that could affect the timing of the Federal Reserve’s expected interest rate cut. The release of January’s personal consumption expenditures price index (PCE)- the Fed’s preferred inflation gauge – on Thursday could dampen…
READ MORE[ad_1] Tata Steel. Share Price 144.65 09:40 AM | 21 Feb 2024 3.60(2.56%) Hindalco Industries. Share Price 523.70 09:40 AM | 21 Feb 2024 12.11(2.37%) JSW Steel. Share Price 837.95 09:40 AM | 21 Feb 2024 16.75(2.04%) Mahindra & Mahindra. Share Price 1877.00 09:40 AM | 21 Feb 2024 23.35(1.26%) ICICI Bank. Share Price 1060.65…
READ MORE[ad_1] Wall Street’s main indexes closed lower on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts would be imminent, while investors assessed a mixed bag of U.S. earnings reports. In an interview aired on Sunday, Powell said more evidence on a sustainable downtrend in inflation was needed to…
READ MORE[ad_1] U.S. stocks rebounded on Thursday as investors looked to a spate of high-profile earnings and the Friday’s employment report a day after the Federal Reserve quashed lingering bets that interest rate cuts could begin as early as March. While a broad rally sent all three major U.S. stock indexes sharply higher, the tech-laden Nasdaq…
READ MORE[ad_1] Asian shares were buoyed by a late bounce in U.S. tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures, which could hasten bets for rate cuts if they come in below forecast. Both quarterly results from Meta Platforms and Amazon.com impressed investors, with their…
READ MORE[ad_1] MSMEs are the backbone of India’s economy. They contribute to nearly one-third of its GDP and employ over 11 crore people. These small businesses have shown growth over the years, even surpassing expectations in terms of quality production, exports, innovation, product development and import substitution. However, experts say that MSMEs now need to focus…
READ MORE[ad_1] Asian stocks stumbled and the dollar was near a one-month high on Wednesday as hawkish rhetoric from central bankers beat back bets of early interest rate cuts, while geopolitical worries kept risk sentiment in check. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.31%, touching a fresh one-month low. Japan’s Nikkei shrugged off…
READ MORE[ad_1] The Bank of Japan maintained ultra-loose monetary settings on Tuesday in a widely expected move, underscoring policymakers’ preference to await more clues on whether wages will rise enough to keep inflation durably around its 2% target. The central bank also made no change to its dovish policy guidance, dashing hopes among some traders it…
READ MORE[ad_1] Nestle India. Share Price 25310.00 12:34 PM | 19 Dec 2023 955.75(3.92%) NTPC. Share Price 309.90 12:34 PM | 19 Dec 2023 6.70(2.20%) Tata Consumer Products. Share Price 970.35 12:34 PM | 19 Dec 2023 20.65(2.17%) Reliance Industries. Share Price 2570.70 12:34 PM | 19 Dec 2023 49.70(1.97%) Coal India. Share Price 354.35 12:34…
READ MORE[ad_1] SINGAPORE – Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. An interest rate decision is due in Australia in the meantime, with traders all but certain the central bank will keep rates…
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