Indian stock markets continued their upward momentum for the sixth consecutive session on Monday, driven by strong gains in banking and IT stocks. The rally was further fueled by foreign capital inflows and bargain buying, boosting investor confidence. At around 11:01 am, the BSE Sensex surged 919 points (1.19%) to 77,823, while the Nifty50 climbed…
The Indian stock market has been grappling with relentless foreign investor outflows in 2025, with Foreign Institutional Investors (FIIs) pulling out over $17 billion so far. This significant capital flight has raised concerns about market stability, with investors now looking toward the US Federal Reserve’s March 18-19 meeting to determine whether this trend will persist…
On Monday, March 17, 2025, IndusInd Bank’s share price surged by 5%, reaching ₹707 on the BSE during intra-day trading. The rally came after the Reserve Bank of India (RBI) reassured depositors about the bank’s financial stability, following a sharp decline in its stock price due to concerns over an accounting error. Stock Price Volatility…
Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…
Oil prices snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine hit roadblocks, dampening expectations of Russian crude returning to global markets soon. West Texas Intermediate (WTI) crude gained nearly 1%, settling above $67 per barrel, while Brent crude edged higher but remained just below $71 per…
Tokyo, March 13: Japan’s Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, is reportedly set to maintain its current asset allocation for the next five years, starting April 2025. Despite months of speculation that GPIF might increase investments in domestic stocks and bonds, equity investors see only a limited impact from…
Singapore, March 12 (Reuters): The Australian dollar (AUD) and New Zealand dollar (NZD) slid to their lowest levels against the euro since the COVID-19 pandemic, as Ukraine agreed to a U.S.-proposed ceasefire, potentially marking a step toward peace. The euro surged to A$1.7418, its highest level since April 2020, and NZ$1.9167, the strongest since March…
Singapore, March 12 (Reuters): The euro soared to a five-month high on Wednesday as Ukraine signaled readiness to accept a month-long ceasefire, boosting investor sentiment. However, global stock markets remained volatile due to uncertainty over U.S. tariff policies and concerns about a U.S. economic slowdown. European Markets React to Ceasefire Talks Following news that Ukraine…
Sydney, March 12: Australian shares extended losses on Wednesday, briefly entering correction territory as investor sentiment took a hit following reports that the White House had denied Australia an exemption from U.S. steel and aluminium tariffs. The S&P/ASX 200 index fell 1.2% to 7,793.6 as of 0001 GMT, after plunging as much as 1.6% earlier…
Mumbai, March 11: Shares of Anupam Rasayan India Ltd. climbed nearly 3 per cent in early trading on the Bombay Stock Exchange (BSE) on Tuesday despite a weak broader market sentiment. The surge came after the company announced a major ₹922 crore Letter of Intent (LOI) with a leading Korean multinational company (MNC). Stock Performance…