Wall Street stocks stumbled on Tuesday, while the Dow Jones Industrial Average stayed close to the all-time high it reached the day before. In morning trade, the S&P 500 increased by 0.1%. The Dow Jones Industrial Average dropped by 0.1%, or 18 points. As of 10:34 a.m. Eastern, the Nasdaq increased by 0.1%. Technology stocks … Read more
As US Federal Reserve Chairman Jerome Powell made it apparent that the bank was prepared to lower interest rates as inflation was slowing down, stock markets surged on Friday. The broad-based S&P 500 climbed more than one per cent, and the Nasdaq gained 1.3 per cent, while the Dow was up 476 points, or 1.17 … Read more
As U.S. Federal Reserve Bank Chair Jerome Powell said that interest rate reductions would be one of the central bank’s top priorities in the upcoming months, oil prices increased by more than 1% on Friday. At 9:50 a.m. CDT (1450 GMT), Brent crude futures increased by $1.27, or 1.63%, to $78.49 a barrel, while U.S. … Read more
The global index provider FTSE said on Friday that 13 Indian equities were now included in the FTSE All-World Index. Large and mid-cap equities from several countries are included in this index; the most recent additions were from India. GE T&D India, Hitachi Energy India, Bank of Maharashtra, Bharat Dynamics, Central Bank of India, Cochin … Read more
The anticipation that the US Federal Reserve will lower its key policy rate in September was reinforced by Jerome Powell’s dovish comments on Friday, which saw a spike in US markets. The Fed funds target rate should be lowered because “the upside risks of inflation have diminished,” Powell stated in remarks that were eagerly anticipated … Read more
Jerome Powell, the chair of the Federal Reserve, made it abundantly evident on Friday that safeguarding the labour market was now the central bank’s top priority and that it would not hesitate to switch to interest rate reductions in the closing weeks of a presidential election campaign. In an address to the Kansas City Fed’s … Read more
The festival of Janmashtami, which is celebrated throughout India on Monday, August 26, 2024, is characterized by a variety of religious rites, fasting, and joyous festivities. On August 26, banks will be closed in several places due to festivities. Banks will be closed in Gujarat, Odisha, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, … Read more
August 2024’s “Techno Funda Super 7 picks” from StoxBox feature seven firms that combine growth potential and sturdiness. Expert market analysis was used to choose these equities, which should provide both short-term and long-term returns. Let’s take a deeper look at StoxBox’s selections: BPCL An important participant in the Indian oil and gas industry, BPCL … Read more
Multibagger alert: After the firm announced the establishment of two new centres at Mantri Commerce and Vista Pixel in Bengaluru, the share price of Awfis Space Solutions soared by more than 17% during Thursday’s session, hitting an all-time high at ₹925.25 apiece on the BSE. According to the company’s exchange filing, these centres, which have … Read more
The multiplex network PVR Inox said on Thursday that Ajay Kumar Bijli, the company’s promoter, had reduced his ownership position. The price of PVR Inox shares went slightly up following the announcement. The business said in a regulatory filing that the promoters, including Ajay Bijli, sold 3.25 lakh PVR Inox shares in total through open … Read more
