Both Sensex and Nifty have declined 2 percent each in January so far. Major equity markets started gaining since the start of this year.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counte
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
Companies raised USD 648.9 billion in equity during 2016, against USD 873 billion last year, Thomson Reuters Equity Capital Markets (ECM) data up to Dec. 28 showed.
Equity fundraising worldwide fell 30 percent to USD 463.5 billion in the year to date. Bankers said a robust pipeline of deals may improve conditions over the next two quarters but equity fundraising is unlikely to reach levels seen last year.
Financial markets had not anticipated a rate hike in June and the US dollar has moved high while some of the commodity prices have been under pressure on the back of this news, says Georgette Boele of ABN AMRO Group.
Stocks on Wall Street rallied more than 1 percent on the surprise Fed announcement to cut by USD 10 billion a month its bond purchases to a monthly USD 75 billion, a decision that has dogged markets all year as the US central bank sent mixed signals.
Udayan Mukherjee, managing editor, CNBC-TV18, believes retail investors have no asset class that is likely to post good returns and that one should stay out of the market until the global markets see some stability.
Mark Matthews, Bank Julius Baer & Co sees massive repercussions from BoJ move. Fund managers have become accustomed over the last decade thinking that emerging markets (EM) are the future, but now some EM‘s might see huge outflows.
Hans Goetti of Finaport is of the view that global equities are relatively nervous ahead of the US polls. He expects Obama to retain his position but, believes there could also be a surprise. Goetti feels global equities might move higher over the next few weeks and months into the year end.