Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve rate cuts. Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft…
Domestic markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. In the absence of any major triggers, market participants will focus on upcoming earnings for direction. In today’s trade, shares of banking heavyweights HDFC Bank and Kotak Bank will be in focus following Q2 results….
Benchmark Nifty fell below 25000 levels and traded sideways throughout the session on Wednesday. Analysts said markets are consolidating and witnessing a dip at higher zones amid relentless selling by FIIs and muted results from index heavyweights. “We expect this consolidation to continue amid mixed global cues and a lack of domestic triggers. Index-heavy weights…
Domestic indices scaled another new highs amid intra-day volatility. Markets continued its winning streak for the 11th consecutive day and analysts expect this gradual uptick to continue. Here’s breaking down the pre-market actions: STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded higher by 16 points,…