GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a gap up opening on Wednesday. Here is all you need to know before the market opens.
GIFT Nifty was up 93.50 points, or 0.39%, at 24,338.50 indicating a higher start for the domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 closed 18.10 points or 0.08% lower to finish at 24,123.85, while the BSE Sensex jumped 35 points or 0.04% to finish at 79,441.45.
Key things to know before share market opens on July 03, 2024
Fed Chair Jerome Powell’s dovish tone
The U.S. is back on a “disinflationary path,” Federal Reserve Chair Jerome Powell said on Tuesday. However,…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here is all you need to know before the market opens.
GIFT Nifty traded up by 64 points or 0.28% at 22,655 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended up by 117.75 points or 0.53% to settle at 22,474.05, while the BSE Sensex gained 408.86 points or 0.55% to 74,085.99.
“Markets traded volatile for yet another session but ended with decent gains. The tone was negative in the first half, tracking weak global cues, however resilience in banking combined with sharp recovery in the IT and FMCG majors completely changed the mood as the day progressed. Eve…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here is all you need to know before the market opens.
GIFT Nifty traded up by 77 points or 0.36% at 21,548.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 dropped 109.70 points or 0.51% to settle at 21,562.25, while the BSE Sensex plunged by 313.90 points or 0.44% to 71,186.86.
“Markets extended fall and lost half a percent amid volatility. After the gap-down opening, Nifty tried to pare losses but continued fall in HDFC Bank and fresh decline in select heavyweights capped the recovery. Meanwhile, energy, banking and metal were among the top losers on th…
A single JPEG has catalyzed yet another rabid surge in the stock price of the video game store GameStop: its price jumped by more than 70% on Monday morning.
On the evening of Sunday, May 12, a man named Keith Gill posted an illustration on X of a man bolting upright in his chair. Gill, who goes by handle Roaring Kitty, is something of a digital folk hero to many amateur investors—he was one of the major catalysts of the WallStreetBets craze of 2021. His reappearance and the subsequent enthusiasm—coupled with other rising “meme stocks”—suggest that the U.S. is fully in the midst of another period of meme stock frenzy, in which small-scale investors rally together to push the stock market in unpredictable ways. On Monday, GameStop’s shares briefly passed $36…
I’m a global macro investor who has been betting on what’s going to happen for over 50 years. I’ve been through all sorts of events and cycles in all sorts of places over a long time which led me to study how these events and cycles work. In the process, I learned that I needed to study history to understand what’s going on and what’s likely to happen.
Early in my career, I learned though a couple of painful mistakes that the biggest things that surprised me did so because they never happened in my lifetime but had happened many times in history. The first time that happened was on August 15, 1971 when I was clerking on the floor of the New York Stock exchange and the U.S. defaulted on its debt promise to allow people to turn in their paper dollars fo…
JPMorgan Chase & Co. is suing Jes Staley to hold the former executive responsible for any damages stemming from lawsuits accusing the bank of facilitating Jeffrey Epstein’s sex-trafficking.
The bank on Wednesday filed a third-party complaint against Staley, once its private banking chief, in Manhattan federal court, arguing he should be held liable if allegations about his relationship with Epstein are shown to be true.
JPMorgan also brought separate claims against Staley for breaching his duty of loyalty to the bank. Because of his “faithless service,” the bank said it was entitled to recover all compensation paid to Staley between 2006 and 2013 — a figure likely surpassing $80 million.
Staley’s duty to JPMorgan required him “to…