Big movers on D-Street: What should investors do with HAL, IOB and Raymond?
Stocks that were in focus included names like HAL, which rose 0.99%, Indian Overseas Bank, which gained 14.30%, and Raymond, whose shares declined 4.94% on Monday.
Euro gains; yen flounders ahead of c.bank bonanza
The euro eked out a slight gain to trade at $1.0695, having risen 0.3% in the previous session as ECB officials suggested further rate increases were on the cards – comments which boosted euro zone government bond yields.
Oil prices rise on supply deficit concerns
Oil prices rose in early trade on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.
Wall Street moves sideways as investors look to Fed
The central bank has vowed to remain agile with respect to economic data, which has shown signs that core inflation remains on its meandering descent back toward the Fed’s annual 2% target, and suggests the U.S. economy remains on firm footing.
Taking Stock: Sensex falls 242 points, Nifty below 20,150; metals drag, PSU banks gain
The market will remain shut on September 19 on account of Ganesh ChaturthiFO Manual | Nifty trades lower as traders go cautious ahead of FOMC meet
Following weak global cues, domestic benchmarks also took a breather from their bull run. Analysts expect a lacklustre trend to continue in the truncated week, with resistances at 20,200 and 20,300.Brace for more outflow of foreign funds this week, but market strong enough to rebound
During the week gone by FIIs withdrew a net Rs 565.48 crore even as the market was buoyant. This figure includes bulk deals and investment through the primary market. Sensex and Nifty appreciated by about 2 percent during the week.Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million
Three cornerstone investors, headed by New China Capital Management, have subscribed for about $96.8 million worth of stock, which equates to 70.6% of the IPO, the filings showed.
China Evergrande shares tumble 25% after wealth management staff detained
Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company’s woes.