CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent
Soaring inflation, global central bank policies and the Ukraine war have dampened sentiment across global financial markets. What does S Naren, of ICICI Prudential AMC think of the developments?
Bernanke also offers some self-criticisms, including an acknowledgement that he failed to recognise how slowly the economy was emerging from recession after the emergency
The rupee opened weaker at 77.70/$ as compared to Wednesday's close of 77.58/$ and traded in a narrow range amid intervention from the central bank
In a constitutional democracy, the RBI is bound by the law to focus on its core mandate
Gold is often perceived as a hedge against rising costs
Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.
Australian bonds slid, and the currency jumped, after the nation's central bank increased borrowing costs by more than many had expected
How sustainable are Indian unicorns? Will a rise in input cost and interest rates hit real estate recovery? What are the markets expecting from US Fed Policy? What is a spam bot? All answers here
The US Fed is all set to announce its second consecutive rate hike, a first in 16 years. A 50-basis point rate hike has already been priced in by the markets. But is it prepared for a higher quantum?
Retail money is a factor in the lack of attractive alternate investment avenues among other asset classes: Patil
CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent
CLOSING BELL: HDFC Bank, HDFC, and HDFC Life were the biggest laggards on the 50-pack index as they fell between 2.5 per cent and 3.5 per cent
Our global desk currently maintains an 'overweight' rating on India with a Sensex target of 66,000
Flows from foreign portfolio investors (FPIs) are expected to remain volatile in the near term given the headwinds in terms of elevated crude prices and inflation, experts said
Seven Indian-origin persons have been charged by US federal authorities with insider trading in a scheme through which they made over a million dollars in illegal profits.
How can India tap the wheat export market? Who's Business Standard's 'Banker of the Year'? Does US Fed's rate hike offer cues to RBI's April policy? What is battery swapping? Find all answers here
The S&P 500 was up 39.26 points, or 0.94%, at 4,212.37, and the Nasdaq Composite was up 148.51 points, or 1.18%, at 12,729.73
Gold prices slipped on improving sentiment and U.S. Treasury yields rose from eight-week lows as investors weighed how aggressively the Federal Reserve might raise interest rates
In a Q&A, founder and MD of Valentis Advisors, Jyotivardhan Jaipuria talks about how on a tactical basis, his outfit has been adding to cash levels over the past quarter