New Delhi: LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report.
.The value of LIC's investment in seven Adani group companies has soared from Rs 38,471 crore as on March 31, 2023, to Rs...
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Equities retreated after inflation data called the Fed's rate-cut plans into question.
Volatility returned as market participants adjusted their expectations for rate cuts.
Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
US stocks searched for direction on Tuesday as the Dow looked to snap a
Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
Equities struggled before tomorrow's big Consumer Price Index report.
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.