Friday, October 18, 2024

September 20, 2024 11:11 AM

Sensex, Nifty surge as global markets rally after Fed rate cut

India’s benchmark indices surged on Friday, tracking a global market rally fueled by the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. The Nifty 50 gained 110.15 points, or 0.43%, to open at 25,525.95, while the Sensex ...

September 18, 2024 5:50 PM

Sensex, Nifty fall marginally ahead of Fed policy decision

India’s benchmark indices closed flat on Wednesday as investors awaited the US Federal Reserve's policy decision on a potential rate cut. The Nifty slipped 41 points, or 0.16%, ending at 25,377.55, after hitting an intraday high of 25,482.20. Simi...

September 6, 2024 1:03 PM

Markets on tenterhooks ahead of key US jobs data

Asian shares struggled for direction while the yen jumped on Friday, as investors remained on tenterhooks ahead of U.S. jobs data that could decide the size and speed of coming rate cuts in the world's largest economy. Oil prices are staring down th...

August 6, 2024 12:00 PM

Sensex, Nifty rebound, tracking Asian peers

India's benchmark indices surged on Tuesday, recovering from the sharp downturn witnessed the previous day. The Nifty 50 jumped 290.60 points, or 1.21%, to 24,189.85, while the BSE Sensex rallied 949.21 points, or 1.21%, to 79,708.61. Among the sec...

August 6, 2024 10:42 AM

Japanese stocks soar as wider markets bounce from brutal selloff

Japanese stocks jumped at the open on Tuesday, underpinning a recovery across battered Asian share markets and even triggering circuit breakers in some, after central bank officials said all the right things to soothe investor nerves. The Nikkei soa...

June 5, 2024 9:54 AM

Asian stocks rise on rate-cut wagers; spotlight on India

Asian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ahead of a crucial payrolls report this week. Investor worries of a cooling U....

June 3, 2024 11:01 AM

Asia shares rally on promise of rate relief, factory pick up

Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair. There was also ...

May 20, 2024 12:41 PM

Global stocks, metals surge as rate cut expectations firm

Asian shares hit two-year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its ailing property sector. Brent crude futures rose to a one-week hi...

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