Medium-duration debt funds and longer-duration target maturity funds may gain traction among investors as the current rate hike cycle is widely expected to be close to peaking. The RBI raised the repo rate by 35 basis points on Wednesday to rein in inflation. It also lowered its growth forecast to…
Asia’s stock markets wobbled lower on Wednesday as reality bit on hopes for a soft economic landing in the United States, and investors curbed their enthusiasm about China’s reopening. The S&P 500 had dropped for a fourth straight session overnight and the brakes have come on a rally that has…
Mid and smallcap shares have lagged large-caps in the last three months. The Nifty Midcap index returned 1.8% in the period under review while the Nifty Smallcap index was up 3.7% during this period. In comparison, the Nifty 50 returned 5.6%.The latest rally in the markets is driven by FPIs,…
By Siddhant Mishra Over the past few years, participation of millennials (26-41 years) and Gen Z (18-25 years) has gone up rapidly in the stock market. A major factor is digital offerings and tech advancements adopted by the industry, enabling a user-friendly experience, as per ICICI Securities. Customer data on…
European shares fell for the fifth straight session on Thursday, bogged down by weakness in telecom and real estate sectors amid growing fears of an impending recession. The region-wide STOXX 600 was down 0.2%, with investors jittery ahead of a slew of interest rate decisions from major central banks, including…
The rate of diesel and petrol have not been changed on 28 November 2022 and costs have been steady for about four months now. In Mumbai, petrol costs Rs 106.31 per litre and diesel is at Rs 94.27 per litre. The petrol rate and diesel price in Delhi are at…
Indian benchmark indices are likely to open lower amid weak global cues, hinted SGX Nifty as Nifty futures traded 63 pts lower at 18,746 level on the Singapore Exchange. In the previous session, the BSE Sensex fell 34 points to 62,835, while the NSE Nifty 50 gained 5 pts to…
By Rahul Sharma Markets and the economy have come a long way from where we were last year. Uncertainty and doubt have been replaced by optimism and positivity. Good quarterly earnings, decent monsoon, India’s vaccination drive, festival demand, consumer spending picking up and low-interest rates all have ensured that Nifty…
India VIX, a measure of investors’ perception about the risk of sharp swings based on options prices, has retreated sharply amid a rise in the equities. The fear gauge has slid 20% in the last one month and nearly 47% in the past six months to 13.48. The Nifty has…
The Indian rupee is likely to appreciate on Monday amid a weak dollar and rise in risk appetite in domestic markets. Additionally, persistent FII inflows may support the rupee. Meanwhile, sharp gains may be prevented on a rise in crude oil prices after Opec+ agreed to stick to their October…