Concurrent Losers: 12 stocks decline for five consecutive sessions

Over the five trading sessions ending January 9, the Sensex benchmark slipped 2.55%, or 2,186 points, settling at 83,576.24, with declines recorded in each of the five sessions. Reflecting broader market weakness, around 12 stocks from the BSE 100 index fell consistently throughout the week, posting cumulative losses of approximately 3% to 9%. (Data Source: […]

Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus

Oil prices saw a significant jump on Friday. Growing concerns over supply disruptions in Iran due to intensifying protests are impacting the market. Escalating attacks in Russia’s war in Ukraine are also contributing to these worries. Despite these factors, global oil inventories are rising, potentially capping further price increases. Market focus is now on Venezuelan […]

Gold set for weekly gain on US payrolls miss, broader uncertainty

Gold prices surged this week, nearing record highs, driven by weaker U.S. jobs data and escalating global uncertainties. Investors are anticipating Federal Reserve rate cuts, a traditional boost for precious metals. Geopolitical tensions, including conflicts in Ukraine and unrest in Iran, further fueled demand.

Dollar set for second straight weekly gain after US jobs data

The dollar strengthened on Friday following weaker-than-expected U.S. jobs growth, suggesting the Federal Reserve may hold interest rates steady. The yen weakened as Japan’s Prime Minister considers a snap election, while the euro declined against the dollar amid mixed European economic data.

Walmart to replace Astrazeneca on Nasdaq-100 on Jan 20

Walmart is set to join the prestigious Nasdaq-100 Index. The retail giant will replace British drugmaker AstraZeneca. This move takes effect on January 20. Walmart is also joining the Nasdaq-100 Equal Weighted Index and the Nasdaq-100 Ex-Tech Sector Index. Companies often switch exchanges for better alignment with investor bases and services. The Nasdaq-100 is known […]