Asian emerging market stock prices did see a bounce post Fed-talk.
Benchmark equity indices climbed nearly 1 per cent on Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from. Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21 points or 0.86 per cent to settle at 71,752.11.
'The more educated a young person is, the higher the chances of him or her remaining unemployed.'
Black, silver and gold mark her presence on the ramp.
While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction
Trends in the global markets, trading activity of foreign investors and announcement of domestic macroeconomic data are the major factors that would drive investors' sentiment in a holiday-shortened week ahead, analysts said. Benchmark indices had a record-breaking rally in the past week driven by impressive GDP data. Equity markets would remain closed on Friday for Mahashivratri.
In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.
Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.
A summary of Tuesday's first leg quarter-final action in the UEFA Champions League.
The move, which could come as a surprise to many investors, was a nod to better prospects for economy and labor market
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
Billie Jean King helped the United States win the inaugural Fed Cup, the team event is being re-named in honour of the greatest trailblazer in women's tennis.
Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.
The Fed has said it wants to be "reasonably confident" in the inflation outlook before a rate hike.
Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.
Fed is still concerned about weak export growth.
Modi, on his maiden visit to the UNESCO World Heritage Site, first took the elephant safari in Mihimukh area of the Central Kohora Range of the park followed by the jeep safari inside the same range.
Sumariwalla also said that the AFI is expecting at least 35 track and field athletes to take part in the Paris Olympics.
Russia retained their Fed Cup title on Sunday after Svetlana Kuznetsova beat Spanish number one Anabel Medina Garrigues in a thrilling match to take an unassailable 3-0 lead.
Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel, HDFC and HDFC Bank too rose up to 3.63 per cent.
Fed seen holding rates steady as investor confidence shakes
Isha Lakhani and Ankita Bhambri won their singles matches against Philippines.
The incident took place on May 27 while the elephant was standing in water and forest officials said that it died standing in river Velliyar after it suffered an injury in its lower jaw.
Bullion may settle with limited upside potential
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.
Outsiders France face a daunting task when they take on 2014 and 2015 champions Czech Republic at the Fed Cup final in Strasbourg this weekend.
'Scores of important BJP MLAs are in touch with Akhileshji, but he has very humbly said that the SP's doors are now closed to BJP MLAs and leaders.'
Former world number one Amelie Mauresmo is stepping down as France's Fed Cup captain as she is expecting her second child, she said on Monday.
Govt sees little Fed hike impact on 'fortressed' Indian markets.
Higher levels could not be sustained as participants offloaded their long positions in view of September series expiry.
Clad in a yellow kurta with a saffron gamcha around his neck, atop an open saffron coloured vehicle, he was greeted by loud chants of "Modi! Modi! Modi Zindabad! 400 Paar Is Baar" all along the roadshow's route.
NITI is trying to partner with other knowledge institutions.
Leading the Asian challenge after the first day was Korea's Byeong Hun An, who celebrated his return to the Tournament with a battling two-under 70 to share the ninth place.
IMAGES from the IPL 2024 Eliminator played between Royal Challengers Bengaluru and Rajasthan Royals in Ahmedabad, on Wednesday.
Indian stock markets are expected to be driven mostly by global factors this week amid a lack of local triggers and earnings season largely coming to an end, say analysts. Crude oil prices, rupee movement and US Federal Reserve meeting minutes to be released this week will also influence the market sentiment. "With the earnings season behind us, global cues would largely dictate the trend in the coming week," Ajit Mishra, SVP - technical research, Religare Broking Ltd, said.
Market breadth is positive with 942 advances and 196 declines.
The US Fed also said that the unemployment rate too would rise to 5.7 per cent.