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INVESCO REPORT ON OIL
European markets ride oil tailwinds, but can they challenge Wall Street’s tech supremacy?European equities are rallying as lower crude prices following the Iran ceasefire improve the region’s near-term outlook, easing inflation ...
US Stock Market | War-driven dollar strength likely short-lived as valuation concerns persistThe recent rise in the US dollar, driven by Middle East tensions, is likely temporary and reflects a short-term “safe-haven” rush rather th...
Asia most vulnerable to oil price rise, prolonged West Asia conflict to influence region's macro outlook: Invesco reportIran war: Asia faces significant risks from rising oil prices. Its heavy reliance on imported energy makes it vulnerable. Prolonged geopoli...
Mutual funds raise investments in PSU banks in September, weight hits 17-month highMutual funds have raised their exposure to PSU banks, pushing the sector’s weight to a 17-month high of 3.3% in September. This marks a 30-...
Asian stocks rise tracking US gains; oil declinesBenchmark indexes were up in Australia and Japan, and US futures advanced slightly. With earnings reports poised to drive US sentiment this...
CLSA bows down to China's resurgence story, says India has 3 witchesChina's aggressive measures to revive its markets and economy are attracting foreign investors, with global brokerage firm CLSA increasing ...
BPCL ESPS Trust sells 0.3% stake in BPCL for around Rs 400 crore; several FPIs pick sharesThe trust sold 68,36,948 shares at Rs 584 apiece, block deals data showed. Shares of the state-owned oil refiner ended 7.3% higher on the N...
European shares hit nine month high, dollar wobbles after Powell remarksIn an eagerly awaited speech on Tuesday, Powell reiterated that disinflation has begun but warned Friday's eye-popping jobs report showed w...
Asian shares track Wall Street losses ahead of U.S. inflation dataThe slips in Asian markets tracked Wall Street, which closed on Tuesday with all three major indices down. The S&P 500 fell 0.42%, the Dow ...
PSU funds offer good entry point to ride the turnaroundGiven that some state-owned companies are seen as one of the biggest beneficiaries of the upcycle in commodities including metals, and PSU ...
No direct impact of Russia-Ukraine crisis on IndiaRussia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The...
First US Bitcoin futures ETF may debut on Monday, filing SaysThe filing indicated Oct. 18 as the approximate date for the proposed launch of the fund, which will trade on the NYSE Arca Exchange and ch...
Stocks in the news: TCS, Hero MotoCorp, ZEEL, Oberoi Realty and VedantaThe IT major Tata Consultancy Services will announce it earnings for September 2021 quarter today. Other than it,
Market Movers: Paras Defence rejuvenates IPO mart; Zee Ent’s troubles continueParas Defence & Space Technologies’ listing today has breathed new life into the market and just in time, too, as big wigs such as Paytm, P...
SGX Nifty up 40 points; here's what changed for market while you were sleepingAsian stocks opened lower on Tuesday following a mixed close on Wall Street, where investors were eyeing the risk of a US government shutdo...
Asian shares fall as Delta fears eclipse Wall Street uptickMSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.25% in early trading, dragged by a 0.24% decline in Chinese bluchips. ...
Low valuations, possible stake sales make PSU funds attractiveThe S&P BSE PSU Index is trading at a price-earnings multiple of 10.11, an almost 20 per cent discount to its own 10-year average of 12.01.
Fifteen stocks in focus in Friday morning tradeThe Indian market is expected to open flat. Here is a list of top fifteen stocks that are likely to be in focus today.
IT stocks rally as rupee falls below 62/$; Infosys at 34-month highIT cos earn over 80 pc of revenues from the overseas markets in dollar terms. A weak rupee augurs well for them as it improves margins cons...
- US investor pumps $80 mn into India's SpiceJet
US-based fund WL Ross said Tuesday it will invest 80 million dollars in struggling Indian low-cost airline SpiceJet.