A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Gold gains on lower yields, traders await Powell’s remarks
Powell did not comment on monetary policy or the economic outlook in prepared remarks at a U.S. central bank statistics conference on Wednesday. He is scheduled to speak at another conference on Thursday.
Euro finds footing on hawkish policy remarks, lower energy prices
The unloved yen failed to get much of a boost from a fall in U.S. Treasury yields, with the 10-year rate marking its lowest close since mid-September overnight, but the yen sliding back towards 151 per dollar.
Taking Stock: Market ends flat in another volatile session; mid, smallcaps outperform
Broader indices outperformed the main indices with BSE Midcap and Smallcap indices rising 0.5 percent each.Mid-day Mood: Indices trade flat amid volatility; Pharma, oil stocks shine
The small and mid-cap indices outperformed their large-cap peers on the back of several companies reporting solid growth in Q2.Stocks in focus: Balrampur Chini, Apollo Tyres, BL Kashyap, Power Grid, Tata Power, Patanjali and more
Emerging market currencies to claw back ground in 2024 as dollar fades
“So it’s difficult to see the EM currencies recoup some of the sharp losses that we’ve seen in the last few months. That said, we do expect some gains, it’s just going to be a bit more of a gradual path.”
Gold prices flat as investors await Fed Chair Powell’s speech
Minneapolis Fed Bank President Neel Kashkari said the U.S. central bank may have to do more to bring inflation down to its 2% goal, given the recent spate of resilient economic data.
Taking Stock: Market snaps 3-day gains to end marginally lower; realty worst hit
Hero MotoCorp, Coal India, Bajaj Finance, JSW Steel and Divis Labs were among major losers on the Nifty, while gainers included Sun Pharma, BPCL, NTPC, Axis Bank and Dr Reddy#39;s Labs.The stocks in our stars: Reading the week ahead
The changing environment and global influences would need the realignment and rebalancing of portfolios, which adds to volatility. We recommend reducing discomforting holdings (stocks) and moving to more stable and growth-oriented companies