According to the minutes from the latest Federal Open Market Committee (FOMC) meeting held on March 19-20, Federal Reserve policymakers expressed a general preference for reducing the rate at which they’re shrinking the central bank’s asset portfolio by approximately half. Additionally, the meeting record indicated that “almost all” officials agreed it would be suitable to … Read more
Projections suggest a potential easing trend in India’s 10-year bond yield, ranging between 6.50-6.75% by the second half of the fiscal year. This anticipation stems from the expected initiation of policy rate cuts by major central banks worldwide, including the Reserve Bank of India (RBI). Combined with a lower-than-anticipated supply, Indian bond yields are poised … Read more
Share Market Updates: Sensex Closes Down 27 Points, Nifty at 22,430; Realty, FMCG, Auto Stocks Decline, PSB, IT Stocks Gain Sensex Today | Share Market Live Updates: Global stock markets experienced a slight decline on Wednesday due to rising bond yields. Investors were cautious about the possibility of U.S. interest rates increasing this year. Additionally, … Read more
The Indian stock market witnessed a mixed session on Tuesday, with benchmark indices giving up some of their recent gains. The BSE Sensex fell 110.64 points, or 0.15%, to close at 73,903.91, while the NSE Nifty dipped 8.70 points, or 0.04%, to end at 22,453.30. Market Highlights: Top Gainers and Losers: Gift Nifty Future and … Read more
In a recent announcement, the National Stock Exchange of India (NSE) has made significant changes to the market lot sizes of derivative contracts for three key indices – Nifty 50, Nifty Financial Services, and Nifty Midcap Select. These changes are part of the exchange’s periodic review of lot sizes for derivative contracts and are set … Read more
The United States and Japan are poised to announce a deepened collaboration in artificial intelligence (AI) and semiconductor technologies, as per a recent report. This move comes amidst the US’s proactive efforts to block the shipment of advanced AI chips to China, aiming to prevent Beijing’s access to cutting-edge US technology. The announcement of closer … Read more
The United States tightens restrictions on exporting AI chips and tools to China The Commerce Department, responsible for export controls, has announced its intention to regularly update restrictions on technology exports to China. The Biden administration recently revised regulations to make it more challenging for China to acquire US artificial intelligence (AI) chips and chipmaking … Read more
In the financial year 2023-24, the Nifty India Defence Index showcased remarkable growth, outperforming the Nifty with a 44 percent Compound Annual Growth Rate (CAGR) compared to the Nifty’s 15 percent over the past five years. A notable highlight was the significant surge in more than half of the index’s 15 constituent stocks, with five … Read more
This week, smallcaps led the charge with over 50 stocks gaining up to 43%, while broader indices bounced back from previous losses. Despite global uncertainties, including the Bank of Japan’s rate hike and the ECB’s decision to maintain rates, the market rebounded following the Fed’s commitment to three rate cuts this year. Foreign institutional investors … Read more
The S&P 500 closed almost unchanged on Friday, but it achieved its largest weekly gain of 2024 thanks to the Federal Reserve’s decision to stick to its plan of three rate cuts by the end of the year. The Nasdaq and a semiconductor index also ended slightly higher on Friday, with the semiconductor index notably … Read more
