 |
|
|
|||||
Brent futures declined $2.28, or 3.5%, to $63.30 a barrel at 0049 GMT, while U.S. West Texas Intermediate crude futures lost $2.20, or 3.6%, to $59.79. At the session low, both benchmarks hit their lowest since April 2021.
Category:
News and Media
Gold dropped more than 3% on Friday as investors sold off bullion to cover their losses from a wider market meltdown as an intensifying trade war sparked concerns of a global recession.
Category:
News and Media
On Black Monday, the Dow Jones Industrial Average in the US plunged 22.6% - the steepest one-day percentage drop in its history. The selloff was triggered by a mix of overvalued markets, rising interest rates and panic selling amplified by computer-driven trading. The stock market recovered most of the losses soon, following intervention by the US Federal Reserve.
Category:
News and Media
Despite broader weakness, stock-specific bullish setups are visible in Marico, Bajaj Finance, Max Healthcare, HDFC Bank, Tata Consumer, MFSL, Indus Towers, Nestle, Pidilite Industries, ICICI Bank, Hindustan Unilever, and Apollo Hospitals.
Category:
News and Media
Since April 2, when he unleashed the slew of tariffs on imports from various countries, global equities have revolted with US stocks alone losing about $6.6 trillion in market value on Thursday and Friday. After being relatively indifferent to the US announcements on Thursday, Indian markets joined in on Friday, shedding 10 lakh crore in a single day.
Category:
News and Media
Sites : [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] next »