Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of the day. After falling over 6,000 points during the day, BSE’s Sensex closed 5.4% down at 72,079 while the broader NSE Nifty dropped 5.93% and…
European shares slipped on Tuesday as weakness in crude prices dragged energy stocks, while investors refrained from placing huge bets before the European Central Bank’s interest rate decision later this week. The continent-wide STOXX 600 was down 0.4% by 0810 GMT, snapping a three-day winning streak. Energy stocks dropped 2% to hit over a two-month…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of the day. Sensex touched its lifetime peak of 76,738 intraday post-exit poll projections. Well, not only this – markets saw a bumper rally on Monday….
The initial public offering (IPO) of Kronox Lab Sciences received a strong response from investors as the issue was fully subscribed within an hour of opening earlier today. Overall, the subscription stood at nearly 6 times, driven by strong interest from retail and non-institutional investors. The categories reserved for retail and NIIs were booked over…
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half…
With Ethereum firmly established as the world’s second-largest virtual digital asset, the recent approval of Ethereum ETFs by the US Securities and Exchange Commission (SEC) marks a monumental stride in the crypto sphere. This endorsement carries profound implications, particularly for investors, given Ethereum’s robust market presence. Moreover, Ethereum’s pivotal role in propelling the mainstream adoption…
As exit poll results predict a hat-trick for Prime Minister Narendra Modi in Lok Sabha, the stock market looks poised for a rally on Monday as Nifty bulls are screaming ‘Abki baar 24,000 paar’. If the election result on June 4 also turns out to be in favour of Street favourite BJP, analysts see Nifty…
“The market fundamentals remain strong: PSUs have performed well, results are encouraging, and the macroeconomic environment is favorable. Oil prices are weak, bond yields are falling, and Indian demographics are robust,” says Sanjiv Bhasin, Director, IIFL Securities. Any strategy you’d recommend ahead of election results?Staying invested is the best strategy right now. The recent correction…
MUMBAI: The government did not raise any funds through the first sovereign green bond auction of the current financial year as the Reserve Bank of India – the Centre’s debt manager – accepted no bids at the sale. Bond traders said that the decision to accept no bids was likely because the market sought yields…
Global investors poured $3.6 billion into investment grade corporate bond funds in the week to Wednesday, Bank of America said on Friday, in the 31st straight week of inflows, the longest streak since 2019. A rise in global interest rates has forced up corporate bond yields, drawing in buyers attracted by the payouts as well…
