News Overview

US initial jobless claims crept up to 207,000 in the week ended January 1st, an increase of 7,000 from the previous weeks revised level of 200,000, the Labor Department reported on Thursday. The Labor Department said the less volatile four-week moving average also inched up to 204,500, an increase of 4,750 from the previous weeks revised average of 199,750. Powered by Commodity Insights

With the Fed turning extremely hawkish since Nov-21, heavy FPI selling was always expected in Dec-21.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Friday following heavy losses for some regional markets in the previous trading day, as investors continue to assess the impact of a potentially faster-than-expected policy tightening by the U.S. Federal Reserve. […]

US factory orders surged up by 1.6 percent in November after jumping by an upwardly revised 1.2 percent in October, a report released by the Commerce Department on Thursday showed. The bigger than expected increase in factory orders came as orders for durable goods spiked by 2.6 percent, while orders for non-durable goods rose by 0.7 percent. The report also showed shipments of manufactured goods […]

One way to look at mutual fund categories is to look at equity categories, debt categories and hybrid categories separately.

Tata Consultancy Services was Ranked #1 in overall execution and change specialists, the company said.

Sales rise 55.24% to Rs 105.69 crore

The US stock market declined for second consecutive session after fluctuating back and forth across the unchanged line on Thursday, 06 January 2022, as risk sentiments remained subdued amid uncertainty about the near-term outlook following hawkish meeting minutes released by the Federal Reserve suggesting the central bank will more aggressive in tightening monetary policy. Meanwhile, rising cases of the Omicron coronavirus variant also weighed on […]

One of the best ways to summarize the minutes of the Fed meeting is through the DOT plot chart.

Asian markets opened mixed as the Japanese 'Nikkei' had fallen over 800 points yesterday with sentiment turning weak after the Federal Reserve indicated higher rates by end-March.