Mann made the remarks at an event organised by hedge fund Citadel, consultancy CEPR and the International Center for Monetary and Banking Studies.
China Vanke’s Hong Kong shares open 1% lower after Moody’s starts ratings review
Moody’s said on Monday it withdrew Vanke’s ‘Baa3’ rating which is the lowest of Moody’s investment grade ratings.
Taking Stock: Nifty below 22,350, Sensex down 617 points; all sectors in the red
The BSE mid-cap index shed 0.2 percent and small-cap index fell 2 percent.Banking stocks pull market down; analysts see Nifty heading to 23,000 soon
Analysts say the market will continue to scale new highs amid hopes of short covering in index futures by foreign and domestic investorsMid-day Mood | Sensex, Nifty 50 extend losses; US, India CPI data awaited
Indices extended losses weighed by financial services, IT, and automobile stocks. Iinvestors also turned cautious ahead of domestic and US inflation reports due on March 12.Big Movers on D-Street: What should investors do with Tata Power, IIFL Fin, Century Textiles?
The 30-share BSE Sensex ended 33 points higher or 0.1% to settle at 74119 points. The NSE Nifty gained 19 points or 0.1% to end at 22493 points.
Gold hovers near record high on bets of early rate cut
Gold prices rose on Monday, and hovered near a record peak hit in the previous session, as remarks from Federal Reserve Chair Jerome Powell and U.S. economic data last week cemented hopes for a rate cut in June.
Oil prices fall on China demand worries
“Worries over weak demand in China outweighed the extension of supply cuts by OPEC+,” said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities, adding that mixed signs from U.S. jobs data prompted some traders to adjust positions.
SEBI notifies micro-REITs regulations; move to boost transparency, investments
The introduction of regulations is set to enhance investor trust, broadening the embrace of the growing asset category. This effort is expected to offer vital backing to real estate developers, creating an extra opportunity to capitalize on assets and inject essential liquidity into the industry.
Concurrent Gainers: Bharti Airtel among 6 stocks that gained for 5 days in a row
ETMarkets identified six stocks within the BSE200 index that consistently rose in price throughout the last five trading sessions.