Market Bizzz – Page 290 – Read the latest business, financial news on Market Biz

January 4, 2024

Mid-day Mood | Nifty reclaims 21,600 as investors resume buying, Sensex rises 450 points

Analysts expect the uptrend to continue in the coming session, anticipating a churn from small and mid-caps to large-caps.

January 4, 2024

Gold steady as traders await jobs data for Fed cues

Gold prices were little changed on Wednesday as higher U.S. dollar and bond yields kept a lid on bullion’s upside while investors looked out for more jobs data to gauge the Federal Reserve’s next steps on monetary policy.

January 4, 2024

Dollar rebounds as traders rethink Fed rate cut expectations

The dollar edged higher on Thursday as investors reassessed their expectations of the scale of rate cuts by the Federal Reserve this year, with an air of caution hanging over markets after an impressive risk rally last month.

January 4, 2024

Wall Street notches second lower finish as 2024 starts with profit-taking

U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal Reserve’s December meeting failing to shake off the funk hanging over markets.

January 3, 2024

Taking Stock: Sensex falls 536 points, Nifty near 21,500; realty, PSU banks see buying

The broader market outperformed the benchmarks, tilting the market breadth in favour of gainers. About 1,864 shares advanced, 1,449 declined and 73 remained unchanged

January 3, 2024

Taking Stock: Sensex falls 536 points, Nifty near 21,500; realty, PSU banks see buying

The broader market outperformed the benchmarks, tilting the market breadth in favour of gainers. About 1,864 shares advanced, 1,449 declined and 73 remained unchanged

January 3, 2024

Golden Crossovers: Pidilite Industries among 3 stocks signaling further bullishness

These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on December 28.

January 3, 2024

At multi-year highs: Coal India among 4 stocks that saw 5-year swing high breakout

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

January 3, 2024

Oil prices rise on disruption fears after latest Red Sea attack

Brent crude was up 49 cents, or 0.6%, to $77.53 a barrel at 1432 GMT. U.S. West Texas Intermediate crude was up 36 cents, or 0.5%, at $72.01, after both benchmarks gained around $2 in earlier trading.

January 2, 2024

Taking Stock: Sensex falls 379 pts, Nifty around 21,650; auto, IT, banks major drag

Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla.