Dollar sits atop one-year peak as Powell sends yields up, China data mixed
The U.S. dollar was poised for big weekly gains on Friday, towering near one-year highs as a hawkish turn from the Federal Reserve chief sent short-term Treasury yields higher, leaving Wall Street and European futures in the red. Asian shares looked to end a brutal week on a steadier note, helped by Chinese data retail…
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UBS recommends caution on mid & small cap stocks; remains underweight on India – UBS on Indian markets, top sectors to watch out for
1/5 UBS on Indian markets, top sectors to watch out for In this interview with ETMarkets, Gautam Chhaochharia, Head of Global Markets, India at UBS, shares UBSβs nuanced outlook on the Indian market amidst ongoing global and domestic challenges. Despite recent corrections, he notes that valuations remain high, particularly in the small-cap space. UBS favors…
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Asia stocks sputter as focus shifts to China stimulus
Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing’s week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street’s overnight rise to record highs, with investors digesting the Federal Reserve’s message for careful…
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Big movers on D-Street: What should investors do with Maruti Suzuki, Adani Ports and Cipla?
Rising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
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Stocks climb on bank earnings boost, US yields dip
Global stocks rose on Friday, lifted by U.S. bank earnings, and on track for a weekly gain while U.S. Treasury yields were mostly lower after inflation and consumer confidence reports solidified expectations for the path of Federal Reserve rate cuts. The U.S. producer price index for final demand was unchanged in September, slightly below the…
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China reopens with a bang but fails to lift Asia stocks
Mainland Chinese stocks returned from an extended break with a roaring start on Tuesday, scaling multi-year highs as investor exuberance over Beijing’s aggressive stimulus measures showed no signs of easing. The optimism though failed to spill over into other share markets in Asia, particularly Hong Kong, which reversed some of the rally it enjoyed while…
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World braces for Fed easing amid 36-hour rate rollercoaster
The world economyβs tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle markets. A 36-hour monetary rollercoaster will start with the Federal Reserveβs probable decision to cut interest rates on Wednesday, and finish on Friday with the outcome…
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15 stocks which may gain in forthcoming festive season as consumers loosen their purse strings.
Synopsis In another two weeks, Ganesh Chaturthi will kick off the official festive season 2024. A season in which some companies look forward to for one simple reason, they tend to see the highest sales in this period as consumers loosen their purse strings. Now why look at these stocks ahead of the festive season….
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GIFT Nifty signals a positive start for D-Street. Here’s the trading setup for today’s session
Domestic markets, after a lacklustre start on Tuesday, came under pressure and closed with losses, marking a second straight day in the red. “We expect the market to continue its consolidation mode due to the lack of any major positive trigger. However, investors should use this dip as a buying opportunity in quality stocks especially…
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Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 35%
Synopsis After many months or one may even say that after a gap of a year, Indian markets got a reminder that global markets also matter. But there are some good learnings from this week’s episode. After all the volatility we are still the best performing market, so bears will have to wait before they…
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