Mumbai: The old stock market adage ‘Sell in May and go away’ has not been proven true consistently for Indian equities for several years now. Benchmark Nifty, which closed at 22,604 on Tuesday after hitting a new high of 22,783 during the day, has closed positive in May on seven occasions in the last 10 … Read more
A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors’ focus in the days ahead on the global rates outlook and on tech earnings, while growth and inflation data from Europe and China are also coming out. 1/ WILL THEY, WON’T THEY? Hints of whether the Fed still expects interest rate … Read more
Mumbai: Overseas fund managers raised their bearish derivative bets on India last week as a jump in crude oil prices in the wake of the Iran-Israel conflict and growing uncertainty about interest rate cuts in the US heightened risk aversion. The long-short ratio of foreign portfolio investors (or FPIs’) Nifty futures bets fell to 35.4% … Read more
NEW YORK: The three major U.S. stock indexes fell more than 1% each and the S&P 500 had its biggest daily percentage drop since Feb. 13 on Thursday as Federal Reserve officials took a cautious approach in comments on the outlook for interest rate cuts, and investors braced for Friday’s U.S. monthly jobs report. Investors … Read more
Gold is a unique asset that embodies characteristics of both commodities and currencies while also serving as an investment asset. Mined like any other commodity, it holds intrinsic value and is sought after during financial uncertainty and geopolitical tensions, making it a form of anti-fiat currency. Its enduring appeal as a store of value spans … Read more
Mumbai: Indian stocks rose on Thursday, tracking the strength in global markets, as the US Federal Reserve’s policymakers reaffirmed that there could be three interest rate cuts this year fuelled optimism among investors. The Nifty closed above 22,000, considered a psychologically important level, while the beaten-down mid-cap, small-cap and PSU stocks rebounded the most in … Read more
A recent pickup in inflation isn’t likely to shift Federal Reserve policymakers’ forecasts for three interest-rate cuts this year and four in 2025, according to economists surveyed by Bloomberg News. The Federal Open Market Committee will keep rates steady in the 5.25% to 5.5% range for a fifth consecutive meeting next week, with policymakers reducing … Read more
Mumbai: Ahead of the curve. That’s supposedly the hallmark of an astute investor, and if you consider yourself one, you could choose to buy into something appropriately named – the business cycle fund. It sounds innocuous but the name itself reveals the art – or, science – of investing in stocks that are beginning their … Read more
US consumer prices rise more than expected in Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected consumer inflation reading pushed back market expectations of imminent interest rate cuts, driving U.S. Treasury yields higher. The Dow Jones Industrial Average posted its biggest one-day percentage drop in nearly 11 months, after a Labor Department report … Read more
