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Posted on August 4, 2023

Asian shares rise as investor focus turns to US payrolls

Asian equities face challenging trading conditions on Friday,” said market analyst Anderson Alves at ActivTrades, pointing to a risk-off environment after Fitch downgraded its rating of U.S. government by one notch earlier in the week.
Posted on August 4, 2023

Gold faces weekly loss on surging bond yields as US payrolls loom

The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak on Thursday, its 14th back-to-back increase, and warned that borrowing costs were likely to stay high for some time.
Posted on August 3, 2023

Taking Stock: Market flashes red again; Sensex down 542 points, Nifty below 19,400

Taking Stock: Market flashes red again; Sensex down 542 points, Nifty below 19,400 UPL, Titan Company, Bajaj Finserv, ONGC and ICICI Bank were among the top Nifty losers. The gainers included Adani Enterprises, Eicher Motors, Divis Labs, Infosys and Adani Ports
Posted on August 3, 2023

Morgan Stanley cites opening up of equities to retirement funds as a key trigger for stock surge

Morgan Stanley cites opening up of equities to retirement funds as a key trigger for stock surge In 2022, when foreign institutional investors sold around Rs 1.27 lakh crore worth of equities, domestic institutional investors poured in Rs 2.67 lakh crore into markets, thus creating a floor
Posted on August 3, 2023

India at the start of #39;long wave boom#39;, China#39;s may be ending soon: Morgan Stanley

India at the start of #39;long wave boom#39;, China#39;s may be ending soon: Morgan Stanley Private equity firms are expanding in India (and ASEAN) at the same time as they are struggle with exits in China. The broking firm has upgraded its rating on India to #39;overweight#39; and downgraded China to #39;underweight#39;
Posted on August 3, 2023

Golden Crossovers: Adani Power among 5 stocks signalling further bullishness

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.
Posted on August 3, 2023

​6 stocks that are likely to see bullish reversal soon​

​It is a two-bar candlestick pattern formed after a downtrend. The first bar is a red candlestick, normally followed by a standard or long legged Doji. This Doji is completely engulfed by the preceding candle.​
Posted on August 3, 2023

Cognizant projects revenue above estimates, CFO to retire in 2024

The New Jersey-based company expects current-quarter revenue of between $4.89 billion and $4.94 billion, compared with analysts’ estimates of $4.86 billion, according to Refinitiv data.
Posted on August 2, 2023

Taking Stock: Investors lose Rs 3.56 lakh crore as Sensex tanks 677 pts; Nifty below 19,550

Taking Stock: Investors lose Rs 3.56 lakh crore as Sensex tanks 677 pts; Nifty below 19,550 Biggest losers on the Nifty were Hero MotoCorp, Tata Motors, Tata Steel, NTPC and Eicher Motors, while gainers were Divis Labs, Nestle India, HUL and Asian Paints
Posted on August 2, 2023

Fitch Fury: Rs 3.56 lakh crore of wealth wiped out as Nifty tests 19,500

Fitch Fury: Rs 3.56 lakh crore of wealth wiped out as Nifty tests 19,500 Biggest losers on the Nifty were Hero MotoCorp, Tata Motors, Tata Steel, NTPC and Eicher Motors, while gainers were Divis Labs, Nestle India, HUL and Asian Paints

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RSS MarketWatch.com – Real-time Headlines

  • Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
  • Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
  • Swiss National Bank cuts interest rates by a half point to 0.5%
  • Dollar jumps 0.5% to 0.8890 francs
  • Germany flash services PMI falls to 9-month low of 49.4
  • Germany flash manufacturing PMI rises to 4-month high of 43.2
  • Powell says labor market not a source of significant inflation pressure
  • Fed’s Powell says rate cut ‘on the table’ as soon as September
  • Final S&P U.S. manufacturing index is 52.2 in February vs. initial 51.5
  • Duolingo started at buy with $222 price target at Seaport
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