European shares gain on healthcare boost, euro zone inflation data eyed
European shares climbed on Friday and were set for a weekly rise, led by healthcare stocks, while investors keenly awaited inflation data for further proof of easing price pressures across the board.The pan-European STOXX 600 rose 0.5% by 0810 GMT, and eyed a weekly rise of 2.3%, boosted by a fall in euro zone bond yields on expectations that central banks’ monetary policy tightening has peaked.
with investing in developing countries for a third of a century, isn’t planning to slow down even as he steps back from the firm that bears his name. The 87-year-old money manager said he’s busier than ever as he looks to set up a new venture in Dubai. The firm will be “involved in investment,” he said, declining to provide specifics because he said it’s still in the negotiating stage. “It’ll be something quite exciting in emerging markets,” Mobius said in a Zoom interview from Bengaluru, a technology hub in India, one of the countries he said he’s most bullish on for the future.
01:21:55 PM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Top 5 losers from the real estate pack
01:08:40 PM IST, 17 November 2023
Crypto Price Today: Bitcoin falls below $36,400; Solana, Polygon tank up to 13%
The cryptocurrency market on Friday gave up the previous day’s gains as the global cryptocurrency market cap declined by 2.62% to around $1.4 trillion.
At 12:34 p.m., Bitcoin was trading 3.4% lower at $36,338, while the second most popular token, Ethereum, was down 4% at $1,981.
12:55:37 PM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates | SBI Life, Hero Moto among top Nifty50 stocks that hit 52-week high today
Stock Market LIVE Updates: Tokyo shares close higher
Tokyo stocks shrugged off earlier losses to close higher on Friday despite US shares being weighed down by discouraging corporate forecasts. The benchmark Nikkei 225 index climbed 0.48 percent, or 160.79 points, to end at 33,585.20, while the broader Topix index gained 0.95 percent, or 22.43 points, to 2,391.05.
12:28:09 PM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Shares of SBI Life Insurance Company jumped over 5% to hit their 52-week high of Rs 1,434 in Friday’s trade on the NSE. The gains were following Morgan Stanley’s overweight stance on the counter for a price target of Rs 1,650.
Sensex Today | Stock Market LIVE Updates: Paint stocks surge up to 6%; Indigo Paints emerges top performer
11:59:06 AM IST, 17 November 2023
Gold heads for first weekly gain in three on Fed pause hopes
Gold prices extended gains on Friday and were set for their first weekly rise in three, as investors stepped up bets that the U.S. Federal Reserve is done raising interest rates, pressuring the dollar and Treasury yields.
Spot gold was up 0.2% at $1,984.40 per ounce, as of 0551 GMT, after hitting its highest since Nov. 6 in the last session. U.S. gold futures were steady at $1,987.00.
11:46:55 AM IST, 17 November 2023
Stock Market LIVE Updates | Financials, energy stocks drag Australian shares lower amid interest rate concerns
Australian shares fell on Friday, dragged down by losses in financial and energy stocks, while investors exercised caution amid increasing bets that the U.S. Federal Reserve is done raising interest rates.
The benchmark index S&P/ASX 200 closed around 0.13% lower at 7,049.1 points. The benchmark has added 1% this week.
11:29:09 AM IST, 17 November 2023
Stock Market LIVE Updates: Board of Directors of Kotak Mahindra Bank have, at their meeting held today, appointed Mr. Ashok Vaswani as a Director and Managing Director and CEO and a Key Managerial Personnel of the Bank, for a period of three years, with effect from January 1, 2024, subject to the approval of the members of the Bank.
11:21:14 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Axis Bank on RBI monetary penalty against co says bank has taken corrective measures
11:12:03 AM IST, 17 November 2023
Watch | Stock Market Updates: JM Financial MD Vishal Kampani predict a decisive victory for PM Modi, foreseeing the onset of a robust bull market in India over the next five years
11:07:03 AM IST, 17 November 2023
GMR Airports to issue 3-year bonds – bankers
10:52:23 AM IST, 17 November 2023
ICICI Home Finance accepts bids for 20-month bonds – bankers
10:53:29 AM IST, 17 November 2023
Stock Market LIVE Updates | Flair Writing Industries IPO: Company sets price band at Rs 288-304/share
Flair Writing Industries has set the price band for its upcoming initial public offering (IPO) at Rs 288-304. The company plans to raise Rs 593 crore through the three-day issue which will open for subscription on November 22, Wednesday.
Under the issue, the pen and writing instruments maker will issue fresh equity shares worth up to Rs 292 crore while an offer for sale (OFS) where equity shares worth Rs 301 crore will be offloaded by the existing shareholders.
10:27:11 AM IST, 17 November 2023
Rupee slips 2 paise to 83.25 against US dollar in early trade
The rupee slipped by 2 paise to 83.25 against the US dollar on Friday as a firm greenback in the overseas markets weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened flat at 83.23 against the US currency following overnight losses in crude oil prices.
However, a firm US dollar and weak domestic equity markets restricted the rupee movement and the local currency edged lower by 2 paise to 83.25 in early trade.
10:26:05 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Softbank said to have sold 1.8 crore shares of Delhivery, stock falls 4%
09:57:37 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: AGS Transact Technologies wins order worth Rs 1,100 crore over 7 years from State Bank of India; stock soars 8%
09:48:09 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Sensex erases most losses, trades flat
09:40:16 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: JSW Infrastructure shares opened 8.5% higher after the company received a letter of award (LoA) to develop Keni port in Karnataka for Rs 4,119 crore.
09:37:17 AM IST, 17 November 2023
Sensex Today | Stock Market View: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
There are some important trends which will impact the market in the near-term. One, the big macro driver of this two day rally in the market – peaking and declining US bond yields – is very much in place. This will continue to impart resilience to the market. Two, the sharp decline in Brent crude to $ 77.5 is a positive for India’s macros and favourable for sectors that consume petroleum inputs like aviation, tyres and paints. Three, and this is a negative factor, the RBI action raising the risk weighting on unsecured loans is sentiment negative for financials.
It is important to understand that FIIs turning buyers is an important shift in tune with the declining bond yields in the US. In the near-term, IT, automobiles, telecom and construction-related segments will attract more buying since financials will see the temporary impact of the RBI action.
09:26:38 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Bank, NBFC stocks decline as RBI tightens consumer loan norms
09:19:41 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates | IOC, SJVN among most active stocks in morning trade
Sensex Today | Stock Market LIVE Updates: Yen eyes best week in four months, dollar heads for weekly decline
The yen was on track for its best week against the dollar in four months on Friday on the prospect of a narrowing U.S.-Japan rate differential, with bets that the Federal Reserve is done raising rates leaving the greenback headed for a weekly loss.
07:57:59 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Gold set for first weekly gain in three on Fed pause bets
Gold prices rose slightly on Friday, on track for their first weekly gain in three, as investors grew confident that the U.S. Federal Reserve is done raising interest rates, sending the dollar and Treasury yields lower.
07:44:22 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Oil prices on track for fourth straight week of decline
Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global demand.
07:23:06 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 22 points, or 0.11 per cent, at 19,812, signaling that Dalal Street was headed for positive start on Friday.
Nifty today ended 90 points higher to form a long green candle with a long upper shadow on the daily chart to signal selling pressure at the crucial hurdle of 19850 levels.
07:24:07 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Rupee falls 14 paise to 83.23 against US dollar
The rupee declined by 14 paise to settle at 83.23 against the US dollar on Thursday as a firm greenback in the overseas markets weighed on investor sentiments.
07:24:31 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Thursday
The 30-share BSE benchmark Sensex recovered around 475 points from the day’s low to end 307 points or 0.47% higher at 65,982. The broader NSE Nifty rose 90 points or 0.46% to end at 19,765.
07:24:23 AM IST, 17 November 2023
Sensex Today | Stock Market LIVE Updates: S&P 500 barely gains while Dow ends lower as Cisco and Walmart drag
The S&P 500 and the Nasdaq managed to eke out tiny gains on Thursday while the Dow Industrial Average ended slightly lower with pressure from tech and retail bellwethers Cisco and Walmart after disappointing forecasts.