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December 31, 2024 7:13 PM

US Stocks Decline

US stocks closed lower yesterday, amid profit booking and limited triggers during a holiday-shortened week. The Nasdaq Composite shed over 1.1 percent, S&P 500 dropped over one percent and the Dow Jones Industrial Average lost almost one percent. The US markets will remain close tomorrow for New...

December 30, 2024 6:04 PM

India Emerges as Global Manufacturing Hub with Remarkable Growth

India's manufacturing sector has witnessed remarkable growth this year, underscoring its transformation into a global powerhouse. The Narendra Modi government has implemented far-reaching economic, social, and foreign policy initiatives in the last ten years. These initiatives have contributed to In...

December 30, 2024 5:39 PM

Benchmark domestic equity indices end with losses of over half percent

Benchmark domestic equity indices ended with losses of over half percent on Monday. The 30-share index at Bombay Stock Exchange, Sensex, lost 451 points, or 0.57 percent, to close at 78,248. Similarly, the National Stock Exchange Nifty-50 fell 168 points, or 0.71 percent, to end at 23,645. In the Gl...

December 30, 2024 8:35 AM

FPIs pump in over 22,000 cr into Indian capital markets so far in December

Foreign investors (FPIs) pumped in over 22,000 crore rupees into the Indian capital markets so far in December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 16,675 crore rupees into the Indian equities markets and 5,352 crore rupees into the debt market, taking th...

December 29, 2024 9:16 PM

Domestic Markets to Focus on Key Economic Data and Global Cues in Coming Week

After recovering a bit of losses last week, the domestic markets are likely to focus on economic data like fiscal deficit, infrastructure output,  PMI data for India, the US, and China, India’s monthly auto sales data and global cues. Globally next week investors will keep an eye on the weekly jo...

December 29, 2024 7:12 PM

Foreign Investors Pump Rs 22,000 Crore into Indian Capital Markets in December

Foreign investors pumped in over 22,000 crore rupees into the Indian capital markets so far in December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 16,675 crore rupees into the Indian equities markets and 5,352 crore rupees into the debt market, taking the total...

December 28, 2024 6:29 PM

Crude Oil Prices Rise 1%

Crude oil prices gained over 1 percent this week, driven by a larger-than-expected draw in U.S. crude inventories and optimism about Chinese economic growth. Both benchmarks, Brent Crude and West Texas Intermediate, advanced approximately 1.4 percent for the week. Yesterday, Brent Crude traded at 74...

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