The Federal Reserve raised interest rates by 25 basis points, or a quarter of a percentage point. The move brings the benchmark funds rate to a range of 4.75% to 5%. In the wake of recent turmoil for regional banks, Chair Jerome Powell assured the public that the Fed will use all tools available to keep the banking system safe. Meanwhile, Nifty shut shop above the 17,150 mark amid buying in PSU banks and pharma stocks. We take stock of the market technicals and discuss stocks like HAL, Hero Moto & GAIL with Shrikant Chouhan of Kotak Securities. Watch!
The Federal Reserve raised interest rates by 25 basis points, or a quarter of a percentage point. The move brings the benchmark funds rate to a range of 4.75% to 5%. In the wake of recent turmoil for regional banks, Chair Jerome Powell assured the public that the Fed will use all tools available to keep the banking system safe. Meanwhile, Nifty shut shop above 17,150 mark amid buying in PSU banks and pharma stocks. We take stock of the market technicals and discuss stocks like HAL, Hero Moto & GAIL with Shrikant Chouhan of Kotak Securities. Watch!
In this episode of Market Minutes, Shailaja Mohapatra talks about Fed's recent interest rate hike, government's stake sale in HAL, CDMO foray by Coromandel International and Tube Investments, and Chalet Hotels newest acquisition. Also catch Pritam Patnaik of Axis Securities share his views on HNI and NRI investing trends. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
Will the receding fear of a bank crisis in the run-up to the Fed decision to propel market sentiment? Will Nifty sustain the momentum and surpass the 17,200 mark today? Hindustan Zinc’s 4th dividend, Tata Motors’ commercial vehicles price hike, CLSA upgrades life insurance cos, Emami board to consider buyback proposal and many more stocks are also on the radar. Catch Nickey Mirchandani in conversation with Rajesh Palviya from Axis Securities and Mayuresh Joshi from William O'Neil and Company to discuss news & cues that can impact your trading day only on the Opening Bell.
Nifty reclaims 17,100 mark amid buying in PSU banks and energy stocks. RIL staged a strong comeback to emerge as one of the top gainers on the index. Will the momentum continue? We take stock of the market technicals and discuss stocks like Tata Motors, Hindustan Zinc and Zomato with Shivangi Sarda of Motilal Oswal. Also should consider buying AMC stocks amid a dip in valuations? We discuss with MC Pro’s Neha Dave. Watch!
In this episode of Market Minutes, Shailaja Mohapatra talks about Tata Motors, why CLSA is bullish on Sula Vineyards and midcap company HG Infra Engineering's two new announcements. Also catch Sidharth Oberoi of Prduent Equity shares his views on infra stocks. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
Efforts by U.S. Treasury Secretary Janet Yellen to calm nerves seemed to be working with bank shares rallying overnight. Government officials were also pondering increasing the limit on deposit insurance, though there was no agreement on this as yet.
At close, the Sensex was up 445.73 points and the Nifty was up 17,107.50. About 1,923 shares advanced, 1,487 shares declined and 134 shares were unchanged. HDFC Life, Reliance Industries, Bajaj Finance, Bajaj Auto and SBI Life Insurance were among the top gainers on the Nifty, while losers included HUL, Power Grid Corp, Britannia Industries, Tech Mahindra and TCS. Catch all the market highs and lows with Yatin Mota on Moneycontrol.
Rain hits parts of Delhi, Punjab, Madhya Pradesh, West Bengal and the northeast. Unseasonal rains have damaged crops. Watch Commodities with Manisha Gupta only on Moneycontrol.
Will the US Federal Reserve hit the pause button on rate hikes just as yet and would the Nifty be able to defend the 16,800 level? City gas distribution stocks, bailout or fall out, is Reliance Industries a bargain buy and how attractive is Phoenix right now are also on the radar. Catch Nickey Mirchandani in conversation with Nirav Chedda from Nirmal Bang & Divam Sharma, Co-Founder of Green Portfolio to discuss news and cues that can impact your trading only on the Opening Bell.
With the rising cost of funds, falling energy prices, rising bullion prices, nervous financial markets and buoyant ‘alternate asset’ markets, what is the way ahead for investors?
Nifty snapped a two-day winning streak to end around the 17,000 mark yesterday on March 20 as big bank rescue fails to lift sentiment. UBS’ takeover of Credit Suisse at a discount of 60 percent and write-off of AT1 bonds worth $17 billion spooked sentiment. Meanwhile, the United States Federal Reserve kicks off its two-day FOMC meet later tonight. The central bank is expected to either pause or hike rates by 25 bps amid the banking turmoil. Ajay Bagga of Elyments Platforms shares his thoughts on the global bank failures, Fed’s rate path, and how to navigate the market volatility. We also discuss the market technicals and stocks like Ceat, PVR and J Kumar Infra with Sacchitanand Uttekar, Tradebulls Securities. Watch!
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5% in early trade. Australian shares bounced 1.3% from Monday's four-month trough and the Hang Seng opened 0.7% higher.
These are the stocks that will possibly be in the spotlight during trading hours on March 21, Tuesday. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade. Check out this curated list of buzzing stocks from the Moneycontrol markets team and why they are in the news.
In volatile trading, Brent crude futures for May fell $2.07, or 2.8%, to $70.90 a barrel at 0950 GMT.
Catch all the market highs and lows with Yatin Mota on Moneycontrol.
It's a global gold high! Gold Prices are at an all-time high in India, Australia & UK. In the US the gold prices are at an 11-month high. In India Gold is at Rs. 59,500 per 10 grams. Should you sell? Watch Commodities live with Manisha Gupta.
UBS has stepped up to provide a rescue deal to Credit Suisse for $3.2 bn. But will this assuage investor concerns? SGX Nifty is hinting at a lower start for the Indian markets.Tata Consumer Products' ceased negotiations with Bisleri, Vedanta EOI for setting up copper plant, RVNL being the lowest bidder for new railway line and Godawari Power’s buyback are also be on the radar. Catch Nickey Mirchandani in conversation with Amar Deo Singh from Angel One & Srinivas Rao from PGIM India MF to discuss news & cues that you need to know for the trading day on the Opening Bell.
Nifty ended higher for a second consecutive day on Friday amid buying in the IT, metal, realty and financial names. Will the momentum continue this week? Investors will be watching out for the latest on the Silicon Valley Bank and UBS agrees to buy embattled rival Credit Suisse for about $3.2 billion. The US Fed meet will also be in focus as the central bank is expected to hike rates by 25 bps. We discuss the market technicals with Rajesh Palviya of Axis Securities and analyse the chart setup for stocks like Tata Consumer, DLF and RVNL among others. Meanwhile, Moneycontrol’s Chandra R Srikanth gets us exclusive details on what led to Rajesh Gopinathan’s shock resignation as CEO of TCS. Watch!
S&P 500 futures rose 0.7% in bumpy trade and bonds fell as investors reckoned less immediate fears of financial instability reduced the likelihood of rate cuts later this year.
After the National Stock Exchange (NSE) and BSE last week announced that three Adani group companies will move out of the short-term additional surveillance measure (ASM), the Congress had asked why the stock exchange regulator is standing by and allowing investors to take on added exposure to such stocks.
A daily round-up of the most interesting articles to help jump-start the day.
The S&P 500 was 0.4 percent lower in early trading, cutting into its gain for the week. The Dow Jones Industrial Average was down 229 points, or 0.7 percent, at 32,017, as of 9:45 am. Eastern time, while the Nasdaq composite was 0.2 percent lower.
Metals are trading higher, with gold up by 3%, silver by 6.2% & platinum by 2%. Is it a good time to sell or should you wait? Watch Commodities live with Manisha Gupta.
KIMS is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana in terms of patients treated and treatments offered. The company offers multidisciplinary healthcare services with primary, secondary, and tertiary care across 2-3 tier cities and an additional quaternary healthcare facility in tier-1 cities.