The US Federal Reserve won’t step in to temper rising inflation any time soon, market watchers have said, despite surging yields that have roiled global stock markets. Stocks have been tethered over the past week to rising Treasury yields and the possibility that the Fed will tighten monetary policy to …
Experts Say The US Federal Reserve Won’t Budge On Rates Read More »
European markets are heading for a lower open on Thursday as a rise in a bond yields saw jitters return to global stocks once again. Britain’s FTSE 100 is seen around 67 points lower at 6,608, Germany’s DAX is set to fall by around 118 points to 13,662 and France’s …
European Markets Set For Lower Open Today As Bond Moves Read More »
On Thursday sensex joined a global selloff, as concerns over rising bond yields resurfaced. Most Asian markets fell 1.5-3 per cent in morning trade and domestic indices were no exception.
On Wednesday sensex were trading nearly 2 percent higher, extending gains for the third straight session mainly led by gains in banking, financial and metal sectors. Meanwhile, IT and FMCG indices also supported the markets while the auto index was in the red.
Bharat Petroleum Corp. Ltd (BPCL) will pay a dividend to its shareholders after the sale of its entire stake in Assam-based Numaligarh Refinery Ltd. is completed. “We will hold an extraordinary general [meet] on March 25, and the process [stake sale] will be completed by March 31,” N Vijayagopal, director-finance, …
Bharat Petroleum To Reward Shareholders Read More »
For a new $17 billion chip plant Samsung Electronics Co Ltd is considering two sites in Arizona and another site in New York in addition to Austin, Texas, according to documents filed with Texas state officials.
On Tuesday the Indian equity benchmarks rallied for second straight session led by gains in information technology and auto shares like Tata Motors, Mahindra & Mahindra, Infosys, Wipro, HCL Technologies and Tata Consultancy Services.
