The US dollar got a further boost as comments from Russian president reminded that the Ukraine war is far from over. Russian president announced a partial mobilisation of reservists and made a veiled threat to use nuclear weapons.
Instead of exiting Buy positions out of fear, or restraining yourself from selling after the fall, use Put options to mitigate risk and trade at every opportunity without hesitation.
Sandeep Bagla of TRUST AMC says it is quite possible that markets go through a severe, sharp, and sustained sell-off. Probably defensives like FMCG could fall marginally lesser than other sectors.
RBI will take into consideration the impact of falling crude oil prices, amount of non-USD-based crude oil and other commodities India may import, and other ways of attracting dollar inflows via NRI remittances, while deciding the quantum of rate hike. However, it will be less than the US.
In the week gone by, BSE Sensex slipped 741.87 points or 1.26 percent to close at 58,098.92, while the Nifty50 fell 203.55 points or 1.16 percent to end at 17,327.30.
In the week gone by, Indian rupee touched a fresh record low by crossing the 81 mark for the first time
On Wall Street, the Dow Jones Industrial Average fell 2.35%, making it the first major U.S. stock index to fall below its June trough on an intraday basis. The S&P 500 lost 2.50% and the Nasdaq Composite dropped 2.55%.
The value of British stocks, bonds and the pound sank to new lows against the dollar, not seen since 1985.
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
For the week, the NIfty was down 1.16 percent. The August low of around 17,150 will be a crucial support and if it is broken, the index can slip below 17,000, experts have said
The next week will be heavy on macros. But the spotlight will no doubt be on the RBI's monetary policy review. That apart, BoJ minutes can also set the investor mood to an extent
As long as customers see no lack of quality levels when a moonlighting worker is performing the task they need, then I guess there are fewer questions to worry about other than the big one of keeping company secrets
In the past, several corporates, including Vedanta and United Breweries, have raised capital by pledging their shares. What are the positives and negatives of share pledging, read on
All the sectoral indices ended in the red with capital goods, power, realty, bank down 2-3% each. BSE Midcap and Smallcap indices shed 2 percent each.
Harsha Engineers will make its debut on the bourses on September 26 in what will be the last listing of the month
All sectoral indices ended in the red, with Nifty bank, energy, metal, PSU bank and auto declining 1-4 percent
In today’s edition of Moneycontrol Pro Panorama: Indian consumer market dons festivity look, Vedanta's rollercoaster ride, India’s edtech sector slumps, companies crackdown on moonlighters, and more
The Put-Call ratio, a measure of the market’s mood, has slipped to an oversold level of 0.76 so the Nifty can still bounce back from the 17,500-17,300 zone.
On the back of positive triggers, the stock has rallied for four consecutive sessions
Google has envisaged a shrewd business model, and will always be at a win-win situation with the operators
The trend of marketing PE to private individuals has picked up speed in the US in recent years and is expected to accelerate in the UK too
Despite most Asian units weakening sharply in July and August, the rupee showed resilience, even appreciating briefly in August, However, the US Fed’s latest rate hike, which was more hawkish than anticipated, has turned the tide decisively against the Indian unit
Gautam Adani’s burgeoning wealth, amassed chiefly from shares traded in India, could be a public-relations dream for the country — with some transparency around his offshore fund investors’ ultimate beneficiaries
We thought globalisation was immune from geopolitical risk. We were wrong
As far as Indian banks go, there is nothing one can actually do in the metaverse other than potter around or get some basic information, which can be got in a quicker and easier to access fashion from a bank’s website