News & Analytic Centre

Indian Shares Log Worst Month since March 2020 on Record Foreign Outflows, Dull Earnings

Oct 31 Reuters Indian shares fell on Thursday, logging their worst monthly performance since March 2020, as record monthly foreign outflows and lacklustre corporate earnings pummelled investor sentiment. The NSE Nifty 50 fell 0.56 to 24,205.35, while the BSE Sensex lost 0.69 to 79,389.06. Both the benchmarks lost about 6 in October, their worst monthly performance since […]
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Sterling Ticks Higher, Investors Expect Fewer BoE Rate Cuts

Oct 31 Reuters The British pound firmed on Thursday a day after new UK finance minister Rachel Reeves announced a taxandspend budget, leading to concern about inflation and fuelling expectations of fewer interest rate cuts from the Bank of England. Sterling firmed 0.2 to 1.29870 after falling 0.4 a day earlier. It advanced slightly against […]
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Japanese Investors Sell Overseas Assets for 3rd Week in Row

Oct 31 Reuters Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen39;s sharp decline amid U.S. election uncertainties and reduced expectations of big Federal Reserve rate cuts. According to the Ministry of Finance data, Japanese investors sold foreign stocks and longterm bonds worth a net 397.6 […]
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Expert Technical Fundamental Insights 31.10.2024

  EURUSD EURUSD was little changed today, trading at 1.0847 after it gained yesterday. EZ GDP unexpectedly grew by 0.4 QoQ in Q32024, stronger than the estimates of 0.2, pushing the traders to buy EUR yesterday amid expectations that ECB may not cut the rates soon. Another busy day ahead from EZ with inflation numbers […]
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London Stocks Drop as Investors Pare Rate Cut Bets

Shell rises on Q3 profit beat, share buyback plan Burberry up on ratings upgrade from HSBC Smith Nephew drops after cutting FY revenue forecast FTSE 100, FTSE 250 down 0.6 Oct 31 Reuters The UK39;s benchmark stock indexes fell on Thursday and were set to end the month with heavy losses as investors lost hope […]
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Rupee Ends Oct near Record Low; Cenbank Quells Volatility

MUMBAI, Oct 31 Reuters The Indian rupee ended near an alltime low against the dollar on Thursday amid outflows from equities and anxiety over the outcome of the U.S. election, but the central bank39;s intervention kept the local currency in a narrow range through October. The rupee closed at 84.0750 against the U.S. dollar, nearly […]
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