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Investment

June 5, 2024 2:53 PM

Global stocks gain on rate-cut wagers as ECB meeting looms

World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labour market data that firmed up bets of a September rate cut by the Federal Reserve. Worries about a cooling U...

June 4, 2024 5:10 PM

Sensex, Nifty plunge as BJP’s likely weaker win leads to policy worries

Indian stocks suffered their worst intraday fallsince March 2020 on Tuesday, as vote counting trends in the general election suggested Prime Minister Narendra Modi's alliance was unlikely to win the overwhelming majority predicted by exit polls. Wit...

June 3, 2024 5:16 PM

Sensex, Nifty close at record highs as exit polls predict big win for NDA

Indian benchmark indices closed at record highs on Monday, driven by fresh buying from investors after exit polls indicated a comfortable majority for the NDA government. The Nifty 50 index jumped by 733.20 points, ending at 23,263.90, while the BSE...

June 3, 2024 3:08 PM

US, Indo-Pacific partners holding talks in Singapore on clean energy

The U.S.-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region. It marks the ...

June 2, 2024 4:05 PM

FPIs sold over Rs 25,000 Cr in Indian stocks in May, turning net sellers second month

The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, standing at Rs 25,586 crore as the month ended. The consistent offloading of money from Indian stocks is partly attributable to a strong US dol...

May 31, 2024 10:15 PM

Global stocks lose steam after U.S. data

MSCI's global equities index gave up earlier gains on Friday after data showed modest U.S. inflation in April, while the dollar fell with Treasury yields as investors still bet on Fed interest rate cuts this year. The U.S. Commerce Department said t...

May 31, 2024 5:57 PM

Sensex, Nifty end with marginal gain; Adani Group stocks soar nearly 10 percent

The BSE Sensex and Nifty concluded the trading week on a positive note, breaking a five-day losing streak with both benchmark indices registering marginal gains. The Sensex gained 75.71 points, closing at 73,961.31, while the Nifty added 42.05 point...

May 31, 2024 3:15 PM

Global stocks and dollar idle ahead of Fed’s favourite inflation figure

Global shares were little changed on Friday in subdued trading as investors hunkered down for key U.S inflation figures that will shape the Federal Reserve's thinking on interest rates when it meets mid-June. The dollar was steady against peer curre...

May 31, 2024 9:14 AM

Sharjah-India Business Forum highlights investment opportunities for Indian firms

Sharjah Chamber of Commerce and Industry (SCCI) hosted the "Sharjah-India Business Forum," urging Indian companies to capitalize on Sharjah's investment prospects and dynamic business climate. Held at SCCI's headquarters, the forum showcased Sharjah...

May 30, 2024 4:46 PM

Nifty falls below 22,500 on F&O expiry, Sensex drops 617 points

Indian benchmark indices continued their losing streak for the fifth consecutive session on Thursday. The Nifty closed below 22,500 on the May F&O (Futures & Options) expiry day, indicating the bearish sentiment prevailing on Dalal Street. T...

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