India’s state-run firms seen extending dream rally on Modi bets
Modis government is spending billions of dollars on everything from roads and railways to defense, renewing interest in a sector that has for long been a straggler of Indias $4 trillion stock market. The S&P BSE PSU Index, a gauge that includes some of the nations largest power utilities, miners, oil refiners and engineering firms, has surged 44% thus far in 2023. Key Points
Economic TimesBull run in India state-owned firms’ shares faces earnings risk
Companies in the BSE PSU Index beat analysts expectations by a mere 1% in the three months ended December, the slowest pace in six quarters, according to data compiled by Bloomberg. Thats not enough to justify a rally that sent the gauge to a fresh record on Thursday, and has more more than doubled the measures market value to $750 billion in the past year. Key Points
Economic TimesSGX Nifty up 45 points; here's what changed for market while you were sleeping
Amid the tug-of-war between the bears and bulls, the volatility gauge rose for the fourth straight session on Wednesday. The index ended 3% higher at 13.0825 points. Key Points
Economic TimesStocks, US yields fall as investors gauge economic sturdiness
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was poised for a second straight decline and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path Key Points
ThePrintStocks, US yields fall as investors gauge economic health
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path of Key Points
ThePrintStocks, US yields dip as investors weigh economic strength
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was on track for a second straight decline and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path Key Points
ThePrintStocks pull back after rally with jobs data eyed, yields climb
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks fell for the first time in five sessions on Monday while Treasury yields rose as investors awaited U.S. labor market data to gauge the Key Points
ThePrintGlobal supply-chain pressure hits record low, NY Fed gauge shows
The NY Fed gauge has clocked negative readings for nine consecutive months. In October, the Fed bank's global supply chain pressure index fell to -1.74. Key Points
Economic TimesStocks slip as China slumps, US yields climb on Fed expectations
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks slipped on Tuesday after details over China's stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and Key Points
ThePrintStocks flat, US yields edge higher ahead of data
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit record levels in the prior session, as investors Key Points
ThePrintStocks edge up, 10-year Treasury yield falls as rate cut timing weighed
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated U.S. Treasury yields fell after economic Key Points
ThePrintStocks retreat after rally with jobs data eyed, yields climb
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was poised to snap a four-session winning streak on Monday while Treasury yields rose as investors awaited U.S. labor market data to Key Points
ThePrintGold holds ground ahead of US inflation test
Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print to gauge whether interest rate cuts in the U.S. would come sooner than previously expected. Key Points
ReutersIndian equities to receive net $1.5 billion inflow with latest MSCI index rejig: Nuvama
Post changes, India will have 131 companies in the MSCI Emerging Markets Index, and the nation’s weight will reach an all-time high of 16.3 per cent, analyst Abhilash Pagaria wrote in a note. Key Points
mintAlarm Bells! Polls to disrupt India stocks calm in 2024, says Morgan Stanley
Indian stocks have risen about 7% this year, outpacing their peers in Asia and emerging markets, as growth in earnings and the economy lured local and global investors. India VIX, a gauge of expected stock-price swings, has slumped 25% so far this year to near its historical low. Key Points
Economic Times
Q4 results this week: HDFC, Adani Enterprises, Tata Steel, Titan, Varun Beverages, others
Mixed Q4 earnings season so far with IT companies disappointing, but strong results from financial and banking sector helped markets. Investors will track corporate earnings and global trends to gauge market direction. This week, Adani Enterprises, Titan Company, HDFC, TVS Motor, Hero MotoCorp, Tata Steel, and several other companies will announce their results. Notable companies announcing include Tata Steel, Titan Company, HDFC, Adani Enterprises, TVS Motor, Hero MotoCorp, Britannia Industries, and Marico. Key Points
Economic TimesStocks climb and U.S. yields fall after inflation dat
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks climbed for a fifth straight day on Friday, with the two-year U.S. Treasury yield set to decline for the first time in nine quarters Key Points
ThePrintStocks climb and U.S. yields fall after inflation data
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks climbed for a fifth straight day on Friday, with the two-year U.S. Treasury yield set to decline for the first time in nine quarters Key Points
ThePrint