Feedback | Thursday, December 19, 2024

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Finance

December 19, 2024 3:25 PM

Global stocks, bond prices fall after Fed sounds cautious, BOJ hold weakens yen

Global stocks around the world tumbled on Thursday, with the 10-year U.S Treasury yield at its highest since May, a day after the Federal Reserve said it would temper the pace of rate cuts, kicking off a busy 24 hours for other central banks.   The Bank of Japan took up the market-moving baton on...

December 19, 2024 11:46 AM

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation

The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers are starting to reckon with the prospects for swee...

December 19, 2024 12:20 PM

Sensex, Nifty plunge after US Fed signals fewer rate cuts for 2025

India's benchmark indices opened sharply lower on Thursday, mirroring a global sell-off after the US Federal Reserve signaled fewer rate cuts for 2025. The Nifty 50 index plunged 1.33%, shedding 321 points to open at 23,877.15, while the BSE Sensex dropped 1.44%, falling 1,153.17 points to open at ...

December 18, 2024 5:25 PM

Sensex, Nifty end lower ahead of US Fed rate decision

India’s benchmark indices declined on Wednesday as cautious investor sentiment prevailed ahead of the US Federal Reserve’s policy decision later in the day. The Sensex dropped 502.25 points, or 0.62 percent, to close at 80,182.20, while the Nifty fell 137.15 points, or 0.56 percent, to settle a...

December 18, 2024 4:49 PM

Indian stock market opens flat ahead of US Fed rate decision

The Indian stock market opened flat on Wednesday as investors await the US Federal Reserve's interest rate decision. At around 9:33 am, Sensex was trading at 80,651.44 after declining 33.01 points or 0.04 per cent, while the Nifty was trading at 24,328.75 after declining 7.25 points or 0.03 per cen...

December 17, 2024 1:14 PM

Sensex, Nifty decline as trade deficit, weak exports weigh on investor sentiment

Indian stock markets opened lower on Tuesday as weak export data and a record-high trade deficit in November dampened investor sentiment. The Nifty slipped 0.3% to 24,599 points as of 09:20 a.m, while the Sensex fell 0.3% to 81,492.02. Market experts cited the widening trade deficit as the key fac...

December 16, 2024 3:00 PM

Global markets wary of Fed rate plans, China retail disappoints

Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged equity valuations, at the start of a week packed with central bank meetings and major economic data. Figures from China showed retail sales rose just 3.0% in November,...

December 13, 2024 5:38 PM

Sensex, Nifty end week strong, led by FMCG and private banks

The Indian stock markets experienced a sharp rebound on Friday, reversing early-day losses to end the week on a positive note with modest gains. The Sensex surged by 843.16 points, or 1.04%, closing at 82,133.12 points, while the Nifty rose by 219.60 points, or 0.89%, to settle at 24,768.30 points. ...

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Last Updated: 19th Dec 2024