Tag Archives: financial world

The Dow hit a record Monday after Moderna became the second American company in a week to report positive results from its COVID-19 vaccine test, raising hopes for a faster economic recovery from a recession led by a pandemic. Moderna Inc soared 7.7% as it said its experimental vaccine was …

Extending their winning streak to the seventh consecutive session, the benchmark indices gained more than 1 percent to hit record levels for the second consecutive session on Tuesday. Investor confidence got a big boost after Pfizer said its experimental Covid-19 vaccine was more than 90 percent effective based on the …

After bouncing back earlier this week amid hopes that the arrival of Election Day will clear up the uncertainty that has been weighing on the markets, U.S. Treasury bond yields and futures rose, fell. and fell back overnight as early results showed a race that is still too close to …

The Indian stock market closed Tuesday up 1 percent, supported by favorable global signals, ahead of the outcome of the US presidential election. Analysts say that while predicting the outcome of the election is more difficult than never a victory for Democratic candidate Joe Biden will be good for emerging …

Indian markets were unable to sustain their slight recovery in midday trading and fell half a percent, before the October series derivatives contracts expired. The S&P BSE Sensex was trading around 39,700 levels, down 220 points. The index hit an intraday low of 39,524. Meanwhile, the broader Nifty50 index hovered …

The national stock market closed about 1 percent higher on Tuesday, led by gains in financial and consumer goods stocks. Also, hopes for higher inflows after Morgan Stanley Capital Investment (MSCI) said it will implement the new regime on foreign ownership limits (FOL) on MSCI global indices containing Indian stocks …

A healthy buying of select auto, technology and bank stocks helped benchmark indices settle in the green on Friday. The S&P BSE Sensex closed 127 points, or 0.31 percent higher at 40,686 levels, while the NSE Nifty closed at 11,930, 34 points higher, or 0.28 percent. The volatility index, India …

Indian markets were more than half a percent lower on Wednesday before the Supreme Court hearing on a series of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex fell 250 points to 40,360 levels and the Nifty50 index …

Photo: Kamlesh Pednekar Indian markets slashed all their morning gains and fell into the red in the limited-range session on Tuesday before the Supreme Court hearing on a batch of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex …

The benchmark indices fluctuated between gains and losses on Friday as the RBI’s monetary policy committee (MPC) left the buyback rate unchanged at 4 percent. Governor RBI said the MPC has decided to continue with the “complacent” stance. The RBI forecasts that fiscal year 21 GDP will contract 9.5 percent, …