Even if Nasdaq blips, we will continue to uptrend till Diwali: Edelweiss

Even if Nasdaq blips, we will continue to uptrend till Diwali: Edelweiss

Passive strategy has now controlled almost 60% of US equity assets while quant funds control another 20% and that is a staggering 80% of total combined that is being controlled by passive strategies, says Shiv Sehgal, Deputy CEO, Capital Markets, Edelweiss. What kind of signals are you getting as far as global markets are concerned? … Read more

Gold prices today slip as US Fed indicates it will continue providing stimulus

Gold prices today slip as US Fed indicates it will continue providing stimulus

NEW DELHI: Gold and silver slid lower, in-line with the trend in global markets, as the Federal Reserve indicated that it will keep flushing the market with cheap liquidity as Covid-19 continued to disrupt the lives around the world. Fed policymakers are considering tweaks to monetary policy that could result in the US central bank … Read more

In summer of turmoil, subdued ‘fear’ gauges make markets uneasy

In summer of turmoil, subdued ‘fear’ gauges make markets uneasy

LONDON/NEW YORK: Financial markets‘ fear gauges are not flashing red at a time of serious global turmoil, stirring investor doubts over whether the indexes are mispricing current and future turbulence. Volatility gauges embedded in option markets are used by traders and investors to predict — or guess — market direction. They can also be useful … Read more

Ahead of Market: 12 things that will decide stock action on Tuesday

Ahead of Market: 12 things that will decide stock action on Tuesday

NEW DELHI: Nifty closed below the 11,150 level on Monday and in the process formed a Bearish Belt Hold candle on the daily chart. Vinod Nair of Geojit Financial Services said financials led the losses following an RBI report projecting a surge in bad loans this year. “Global markets were impacted due to rising US-China … Read more

FPIs pull out Rs 2,867 crore in July so far

FPIs pull out Rs 2,867 crore in July so far

New Delhi: Foreign portfolio investors (FPI) have pulled out Rs 2,867 crore from Indian markets in July so far, mainly on account of profit booking after surge in Indian equities. The overseas investors pulled out a net Rs 2,210 crore from equities and Rs 657 crore from debt segment, taking the total net outflow to … Read more

Dow Jones gains as investors cheer declining jobless claims

Dow Jones gains as investors cheer declining jobless claims

US stocks opened higher on Thursday after data pointed to a declining trend in weekly jobless claims, with investors also weighing the risk of another business shutdown as US COVID-19 cases soared. The Dow Jones Industrial Average rose 27.64 points, or 0.11 per cent, at the open to 26,094.92. The S&P 500 opened higher by … Read more