Mumbai: India’s equity indices fell more than 1% on Tuesday, although the gauges recouped some losses through a choppy trading session marked by weak global cues and profit-booking in heavyweight sectors ahead of the monthly expiry. Analysts said the undertone remains bullish, despite Tuesday’s slide. The NSE Nifty fell 0.7%, or 174.95 points, to finish … Read more
Gold rose over 1% on Friday as the dollar ticked lower, while the market digested comments on tariffs from U.S. President Donald Trump ahead of a weekend meeting between the U.S. and China. Spot gold was up 1.1% at $3,340.29 an ounce at 1346 ET (17:46 GMT) and has gained 3.1% so far this week. … Read more
Mumbai: The rebound in equities has eased some concerns about the market prospects, but derivative traders are not in the mood to abandon their guard entirely. The long-short ratio, a widely-tracked indicator of traders’ bullish versus bearish positions in index futures, of foreign portfolio investors (FPIs), has risen from 25.4% to 29.5% in the past … Read more
President Donald Trump speaks during a meeting with El Salvador’s President Nayib Bukele in the Oval Office of the White House in Washington, on April 14, 2025. | Photo Credit: AP U.S. President Donald Trump on Monday (April 14, 2025) suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on … Read more
European Commission President Ursula von der Leyen. File. | Photo Credit: Reuters Hours after U.S. President Donald Trump announced tariffs on America’s trade partners, including 20% on E.U. goods, European Commission President Ursula von der Leyen said the bloc was “prepared to respond”, even as she appeared to keep the door open for negotiations. “I … Read more
Asian stocks dipped early Monday as traders reined in expectations of Federal Reserve interest rate cuts following fresh signs of US economic resilience. Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US futures gained, after the S&P 500 slid … Read more