The three frontline US indices – Dow Jones, S & P 500, and Nasdaq – hit record highs during the fortnight on the back of a robust increase in non-farm payroll data and continued weakness in their labor markets, which helps stave off the Federal Reserve from elevating interest rates in the near future. However, the 10-year US treasury yields touched 1.25 per cent, their lowest level since early 2021. This put a damper on the party and eroded a portion of gains from the indices. The Dow Jones, S & P 500, and Nasdaq ended the fortnight with gains of 1.27 per cent, 2.08 per cent and 2.38 per cent, respectively.
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Aluminium Takes The Lead
In the meantime, gold and silver lost their leading positions
CDSL: MARCHING ON A FIRM GROWTH PATH
The company endeavours to cater to the needs of investors with a comprehensive range of services at competitive prices and to maintain optimal service standards. It is therefore all set to match the rapid pace of the Indian equity markets
Kotak Mahindra Bank has acquired a 9.9 per cent stake in KFin Technologies by investing ₹310 crore
Kotak Mahindra Bank Limited announced that it has agreed to make an equity investment in KFin Technologies, a leading investor and issuer servicing platform. It shall acquire, subject to necessary approvals, approximately 9.9 per cent stake in KFin by investing around ₹310 crore as a primary infusion in the Company.
Realty Sector Needs Technology To Boost Uptake
Software as a service is now the key tool for developers to reduce unsold housing inventory, suggests Sunil Mishra, Head (Strategy), ANAROCK Group and CEO, TRESPECT Property Consultants
Sachin Bansal-backed Navi Mutual Fund launches four new mutual fund schemes
Strike when the iron is hot seems to be an unwritten rule of the IPO market. As we have seen a flurry of IPOs in the last three months, now the same is turning out to be true for Mutual Fund Schemes. And Sachin Bansal-backed Navi Mutual Fund seems to have been following this adage to perfection.
Tata Group Companies: Holding The Flag High
If ever Tata Group is in the news, it’s always for a positive reason, except for the time when the departure of Cyrus Mistry created a big shake-up. In fact, betting on any of the Tata Group companies always makes good investing sense. Armaan Madhani explains what makes the group retain its leading edge in such a globally competitive business scenario. The article also presents recommendations for a couple of individual Tata Group companies whose stocks will add some shine to your portfolio
There is enough material business to grow the value pool in India - Deepesh Baxi
Deepesh Baxi CFO & Wholetime Director Castrol India Limited
US Indices Dash Global Hopes Of Quick Revival
The disappointing jobs data has led to reduced expectations of an early tapering by the Federal Reserve
IT Sector Rides On Cloud Nine
The technology industry in India is popular for its cutting-edge innovation and global success. And the fact that it has taken great strides with footprints across the globe has become more than evident from its unending success streak despite the pandemic and the negative effects of the lockdowns. As of now, the sector is on a huge recruitment drive, indicating better days ahead
Ways To Identify Market Peaks
With the Indian equity markets hitting all-time highs and outperforming the global peers, investors and traders are concerned about whether the markets are peaking. Yogesh Supekar explains the multiple factors influencing the market moods while Karan Bhojwani highlights the several indicators one should use to identify the peaking curve of the market