US stocks waver as rising Treasury Yields, Middle East tensions cap gains
By Stephen Culp NEW YORK (Reuters) -Wall Street struggled for gains on Tuesday as rising U.S. Treasury yields and elevated geopolitical worries counteracted a generally positive string of Key Points
ThePrintAlibaba erases gains from spinoff hype amid geopolitical worries
Alibaba's stock has erased all the gains fueled by its ambitious reorganization proposal unveiled March 28 after it slumped 3.2% in Hong Kong on Tuesday. Key Points
FinancialexpressNot geopolitical tension, worried more about higher for longer rates: Sampath Reddy
“The domestic facing sectors have been currently doing much better especially the financials. The export-oriented sectors, especially IT, are still facing challenges in terms of overall growth. That is why the domestic facing sectors are much preferred. But within the exports, especially the pharmaceutical export, the generic pharmaceutical exports segment continues to do well. ” Key Points
Economic Times'India's neutral geopolitical stance to help attract FDI, overseas business'
India's neutral geopolitical position has benefited the country in terms of FDI flows and international business. Redirection of FDI into friendly destinations can be seen in the data and India is benefiting in particular relative to China with regards to FDI coming from the US, says Claudio Irigoyen, head of global economics research at Bank of America. Key Points
Economic TimesChina’s erasure of mosques shows Muslims can only thrive in nations like India
China is actively replacing Islamic architecture with symbols reflective of Chinese ideology. But the Muslim world is silent. Key Points
ThePrint
Attack on Israel likely to boost appeal of gold, safe haven assets
The recent violence in Israel may lead to investors seeking safe haven assets such as gold and the dollar, as geopolitical risks increase. The attack by Hamas has drawn condemnation from Western countries and support for Israel. Analysts predict that rising geopolitical risk could also boost demand for US Treasuries. Key Points
Economic TimesCiti CEO Fraser touts 'clear benefits' of diversifying supply chains
Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their supply chains, and the increased focus on diversification is leading to "clear benefits", Citigroup (C.N) CEO Jane Fraser said on Thursday. Key Points
ReutersGlobal concerns weigh on Dow Jones, but Indian market remains resilient amidst challenges
Mumbai (Maharashtra) [India], October 21 (ANI): Concerns regarding rising crude oil, yield and gold prices, coupled with the pessimistic sentiment stemming from the Israel-Gaza conflict and geopolitical tensions, have sent the Dow Jones into a turbulent period. US Federal Reserve Chairman Jerome Powell’s dovish statement has contributed to these worries. Show Full Article The US […] Key Points
ThePrintRupee declines 9 paise to 82.05 against dollar amid geopolitical worries
India Business News: The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Key Points
Times Of IndiaOil slides as Saudi price cuts counter Middle East worries
International Business News: Oil prices fell over 2% due to Saudi Arabia's price cuts and rising OPEC output. geopolitical tension in the Middle East raised supply concerns. Brent Key Points
Times Of India
Emerging markets set for February decline as rate hike fears dampen mood
A rally in EM stocks at the beginning of 2023 has petered out in recent weeks after signs of strength in the U.S economy fueled fears of aggressive rate hikes by the Federal Reserve and geopolitical risks including heightened U.S.-China tensions also weighed on sentiment. Key Points
India TodayRupee plunges 17 paise to hit lowest level of 83.61 against US dollar second time in 4 weeks
Mumbai, Apr 16 (PTI) The rupee plunged 17 paise to hit its lowest level of 83.61 against the US dollar for the second time in four weeks on Tuesday, tracking negative equity markets and a strong greenback against major crosses overseas amid geopolitical tensions. Forex traders said a weak appetite for riskier assets and sustained […] Key Points
ThePrintP20 a success, differences remain on global conflicts
The P20 parliamentary speakers' summit ended with discussions on sustainable development goals, green energy, women-led development, and digital public infrastructure. Divergent views were expressed on conflicts between Israel and Hamas, and Ukraine and Russia. The meeting also discussed global challenges, including geopolitical tensions and economic issues. The joint statement adopted called for increased efforts against terrorist groups and emphasized the importance of parliamentary diplomacy for promoting peace and harmony. | Latest News India Key Points
Hindustan Times'India poised to see strengthening of its economic & geopolitical role in the coming decades'
A panel of global economists, including Nobel laureate Michael Spence, discussed India's potential for economic and geopolitical prominence in the coming years at Bennett University. Spence praised India's digital economy and predicted it would drive the country's growth and global influence. Key Points
Economic TimesOil edges up as investors eye Middle East tensions and US rate cut
By Alex Lawler LONDON (Reuters) -Oil edged higher on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the U.S. Federal Reserve would soon start cutting Key Points
ThePrintOil rises on Middle East tensions and US rate cut hopes
By Alex Lawler LONDON (Reuters) -Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the U.S. Federal Reserve would soon start Key Points
ThePrintOil little changed as investors eye Middle East tensions, US rate cut
By Florence Tan SINGAPORE (Reuters) - Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the U.S. Federal Reserve would soon start Key Points
ThePrintMultibagger returns in SME IPOs causing heartburn? Here’s how to plan your investments
Not all geopolitical events have the same effect on different sectors and segments of the market. One such segment is the small and medium enterprises (SMEs) sector, which consists of companies that have a market capitalization of less than Rs 500 crore and are listed on the dedicated platforms of BSE SME and NSE Emerge. Key Points
Economic TimesLazard CEO says geopolitics central to business moves
Lazard's new (LAZ.N) Chief Executive Officer Peter Orszag said escalating geopolitical tensions in China, Ukraine and the Middle East have become a top focus for clients. Key Points
Reuters'It’s a geopolitical statement.' Anand Mahindra lauds Google's decision to build its largest office outsid
Google's ambitious project, led by British firm AHMM, involves a massive 3 million sq. ft. eco-friendly campus. It will accommodate 18,000 employees. Key Points
Economic Times
Explained: Why foreign investors are reducing domestic stock holdings
Overseas funds sold off $768.4 million worth of Indian shares in a single day last Thursday, marking the largest one-day outflow since June 2022. Key Points
India TodayIsrael-Hamas conflict, FOMC outcome to challenge gold traders' resilience this week
The US dollar saw a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of the US economy's resilience. Notably, the US economy posted robust annualized growth of 4.9% in Q3 2023, despite higher interest rates. Core PCE prices and personal spending further reinforced the notion of sustained economic strength. Key Points
Economic TimesRupee almost flat against US dollar
Mumbai, Oct 25 (PTI) The rupee paired all its early gains to settle 1 paisa lower at 83.17 against the US dollar on Wednesday, tracking negative cues from domestic equity markets and a strong greenback overseas amid geopolitical tensions in the Middle East. Softening crude oil prices and some buying by foreign equity investors, however, […] Key Points
ThePrintExplained: Why did the Indian stock market plunge today?
The BSE Sensex slipped 825.74 points or 1.26% to close at 64,571 – the biggest single-day loss since July 1. Key Points
Hindustan TimesFor calculated risk takers: 6 midcap stocks with right levels of RoE and upside potential of up to 44%
Despite the fact the valuations are high and there are many headwinds both in terms of geopolitical risk and central banks policy making, the correction which is taking place in the market is not of the same magnitude which in the past such mews flow has brought. So at one level while the correction is taking place but at the same time, the under current is still that of hope. In such times of divergence, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points
Economic Times
Israel-Palestine War: Brace for sharp swing in equities on heightened geopolitical risks
Stocks in Israel and the Middle East dropped on Sunday in response to the heightened tensions in the region. Israel equities plunged 5.8% at the time of going to print. Saudi Arabia was down 1.7%, while Kuwait and Qatar markets were trading weak. Key Points
Economic TimesIndia Inc’s margin may see a bump-up on lower input cost: Fitch
Multiple factors including geopolitical tensions, rate hikes by central banks across the world and tighter trade norms had created a gap in the demand-supply chain. However, the waning input costs pressure is expected to offset demand weakness for corporates from a slowdown in overseas markets and the impact of increased policy rates in FY23. Key Points
Economic TimesWhere is gold headed in the coming weeks? Bears could push it towards $1,780
Gold is drawing some support from geopolitical concerns as the US-China verbal wrangling continues unabated. US Treasury Secretary Ms. Yellen has warned China and other nations against providing material support to Russia. Key Points
Economic TimesIndian shares set for muted start on U.S. rate hike worries, geopolitical concerns
Indian shares were set for a muted start on Monday, on worries that the U.S. Fed would go higher for longer with interest rates, while rising concerns after North Korea fired more ballistic missiles further dampened investor mood. Key Points
Reuters