Top Adani stocks that MFs lapped up at dirt-cheap levels in Feb
Here’s what mutual funds bought and sold in Feb
SVB collapse rattles global markets, Sensex hits 5-month low
Indian benchmark indices opened marginally higher on Tuesday after hitting a 5 month low on Monday, tracking losses in global peers on the back of a U.S. banking crisis that sparked a global sell-off.
Traders worldwide herald end to rate hikes after US bank run
The Reserve Bank of Australia, meanwhile, is already done hiking, according to pricing, after traders erased bets for two additional increases. Even in Europe, which kicked off its tightening cycle much later than peers, traders have wiped off around 80 basis points from terminal-rate wagers, and another half-point hike on Thursday — all but certain […]
Bitcoin jumps to highest since June as rally gathers pace
U.S. authorities’ action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits of $3.3 billion at SVB. The steadying of USDC, the second-biggest stablecoin and a key cog in digital token trading, was seen as positive for the crypto sector as a whole.
US stocks open higher as inflation data boosts smaller rate-hike bets
As per data, US Consumer Price Index (CPI) rose 0.4% in February versus 0.5% a month ago. Traders held on to bets of a 25-basis-point rate hike at the Fed’s next meeting in March, with odds of a pause in hikes slipping a bit to 17%
Tech View: Nifty charts blink red again. What traders should do on Wednesday
The negative crossover of momentum indicator suggests a sell signal. Option data suggests a broader trading range between 16,600 and 17,500 zones while an immediate trading range between 16,800 and 17,300 zones
It is not 2008 like crisis in global markets but volatility could take Nifty50 towards 17K: Pritam Deuskar
On Wednesday, SVB announced that it needed to raise $2.25 billion in order to maintain its balance sheet, shocking its investors with the aggressive rate expansion of its fade reserves.
Won’t be surprised if RBI pauses interest rate hike: Rajnish Kumar
Now maybe it will again strengthen that outlook there where the focus will now shift to the quality of the governance and second will be about the potential to earn. But sometimes all these crisis as they say that there is a silver lining in every plot.
US interest rates should come down by early next year: Samir Arora
Consumer sector broadly grows in 10-15%. IT sector broadly grows in 10-15%. Private sector financial broadly grows in that range. What changes the estimates of the consolidated or the index is that Tata Steel or Tata Motor will make $2 billion or lose $2 billion and mostly lose $2 billion and therefore, they just change […]
Avoid over analysis; equities will do well over time: Samir Arora
Well, actually in 2008, it was very visible for six-nine months before that, although again there we thought that India was not so much a part of it. But today even in the world it does not look that bad.