Tag: Market
17 Results
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The Grand Delusion of Modern Money
Even though the socialist experiment in economics failed in 1989 with the collapse of the Berlin Wall, the neoliberal order stumbled after the Global Financial Crisis of 2008/9, and began to crumble in the face of a lost decade of growth
February 1, 2019 -
Key Indian equity market indices open in green
The Sensitive Index (Sensex) of the BSE, which had closed at 35,141.99 on Wednesday, opened marginally higher at 35,145.75.
November 15, 2018 -
Sensex up 50 points, Nifty above the 10,300-mark
It shuttled 430 points, touching a high of 34,748.69 points and a low of 34,317.91 points, indicative of the volatility in the market.
October 22, 2018 -
Rupee hits all-time low of 74.45 against US dollar; markets bleed
Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.
October 11, 2018 -
Sensex crashes over 800 points, Nifty near 10,600; rupee, oil major factors
The rupee on Wednesday breached the 73-mark against the US dollar for the first time ever on strong demand for the American currency from importers.
October 4, 2018 -
Rupee hits new low of 73.77 against US dollar
Sensex fell 465.63 points or 1.29 percent to 35,510 on the back of crude oil prices hitting multi-year highs and rupee touching record lows.
October 4, 2018 -
RBI eases cash reserve rules for banks, promises to meet liquidity needs
The move by the central bank follows concerns over tight liquidity conditions and banks' unwillingness to lend to NBFCs.
September 27, 2018 -
Rupee hits all-time low of 69.12 against US dollar
The rupee's previous all-time intra-day low was 69.10, touched on June 28.
July 20, 2018 -
Sensex soars 400 pts, Nifty tops 10,800-level
The BSE Sensex surged over 400 points while the Nifty reclaimed the 10,800-mark in mid-session trade today on widespread buying, led by rate-sensitive banking, realty and auto shares. Markets had rallied yesterday as well after the RBI hiked the policy rate after a four-year pause on inflation concerns but maintained its neutral stance. Positive leads …
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June 7, 2018 -
Crude oil prices, rupee push equity indices higher
Key equity indices made substantial gains for the third consecutive session on Monday, as a fall in global crude oil prices, as well as a rebound in rupee strength enhanced investors risk-taking appetite. According to market analysts, healthy buying was observed in capital goods, banking and oil and gas stocks. However, weakness in global markets …
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May 28, 2018 -
Key equity indices shed early gains on negative Asian cues
After an initial trade in the green, key Indian equity indices traded on a flat-to-negative note on Tuesday afternoon tracking negative cues from the benchmark Asian indices and selling pressure on IT, auto and capital goods stocks. However, healthy buying in consumer durables and metal stocks and fast moving consumer goods (FMCG) restricted further losses. …
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April 17, 2018 -
Markets slip on evolving political crisis
The Telugu Desam Party’s decision to dump the BJP-led National Democratic Alliance and US President Donald Trump’s decision to fire the White House security adviser and go ahead with levying import duties at the cost of provoking a trade war delivered a double-blow to the domestic equity market on Friday. The main stock indices of …
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March 17, 2018 -
Key Indian equity market indices open in green
The key Indian equity market indices on Thursday opened higher on the back of positive outlook of economy projected by the World Bank but it was quoting in red in early trading session taking cue from global markets. The Sensitive Index (Sensex) of the BSE, which had closed at 33,835.74 points on Wednesday, opened higher …
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March 15, 2018 -
Relief rally spreads across Asia-Pacific markets
A relief rally swept Asia-Pacific markets on Monday on positive global cues such as an impressive job data (non-agriculture payrolls) from the US suggesting softening of inflation risk as well as less possibility of faster interest rate hike by the US Federal Reserve in 2018. The bullish sentiment spread from Japan, Hong Kong and other …
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March 13, 2018 -
Apple takes top spot in global wearables market
With eight million shipments in the fourth quarter, Apple has become leader in the global wearables market, a report by International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker has said. In the fourth quarter, Apple shipped eight million wearables with a 21 per cent market share and 57.5 per cent year-over-year growth, the report …
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March 2, 2018 -
Expected rise in PNB fraud depresses equity indices
An expected rise in the estimated quantum of fraud at Punjab National Bank pulled the key indices of the Indian equity market lower during the afternoon trade session on Tuesday. According to market observers, the key indices made gains on the back of an exponential rise in the US and Asian stock exchanges, however, further …
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February 27, 2018 -
Asian markets lift key domestic equity indices
An exponential rise in the US and Asian markets lifted the key domestic equity indices during the early morning trade session on Tuesday. According to market observers, healthy buying in oil and gas, consumer durables and automobiles stocks also led to the rise. At 9.32 a.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE …
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February 27, 2018