While the Indian equity market continues to trade at record high levels, will this momentum sustain? Will the investors be booking profits or will they be holding stocks?  It seems that investors have decided to walk away with the profits which they have seen over the past few months. Frontline indices i.e., Sensex and Nifty

The stocks in the United States kicked off the year on the wrong foot on Tuesday. The US markets ended lower as technology shares started the year on negative note, impacting the Nasdaq Composite. Index lost by ~1.6%, and S&P 500 saw a decline of ~0.6%. Dow Jones Industrial Average saw a victory in an eleventh-hour to

The US stocks ended mostly higher Thursday as a strong 2023 nears its end on the Wall Street. The S&P 500 index traded near its all-time closing high of ~4,796.56 levels for 2nd consecutive day. Benchmark average saw an increase of just ~0.04% Thursday, with Dow Jones Industrial Average adding ~0.14%, or about 50 points.

Asian stocks ended higher on Wednesday, following the rally seen on Wall Street as investors continued to celebrate the optimism that the US Fed will start cutting interest rates as early as March 2024. While traders and experts continue to eye critical economic data releases which are expected to be released between now and the

Indian frontline benchmarks Nifty 50 and Sensex closed the day higher on December 26 as fresh buying was seen across all the sectors but IT, Media and PSU Bank index. Improvement in some of the Asian stocks helped rally on Dalal Street post cooler-than-anticipated US inflation data renewed hopes regarding the interest rate cuts by

Wall Street is now completely dependent on Santa Claus rally to result in strong highs as the US equity markets eye 2023 with solid gains. S&P 500 has seen an increase of more than ~4% in the month of December alone and it has seen the rise of ~24% this year so far, bringing it

Annual US inflation declined further to below ~3% in the month of November, with underlying price pressures continuing to abate, which should further strengthen that financial markets might see the interest rate cut in the next March. Inflation, which is measured by the personal consumption expenditures (PCE) price index, saw a fall of ~0.1% in

The US stocks saw a mixed close on Friday, with investors heading into Christmas holiday weekend. They have digested cooler-than-expected inflation data, further strengthening the bets that the US Fed will go for interest rate cuts in 2024. On Friday, all the three indexes were less decisive and saw light trading as the day progressed,

China’s Shanghai and Shenzhen equity markets are on track to close 2023, a dismal one, in the range of 7% – 11% down. Much of this decline was seen in 2H as the property sector declined which impacted consumer sentiments and wider China’s economy. Offshore yuan saw a fall of 6% as compared to the

On Thursday, European markets ended lower as the stocks failed to move higher even Wall Street resumed its December rally. The pan-European Stoxx 600 provisionally ended in a negative zone as the index declined ~0.22%, with autos falling ~0.8% to lead the declines. Nearly all sectors and major bourses closed in negative territory. Downturn in Asian and