Investors have been unnerved in recent days about the potential for a more hawkish Fed than previously expected
Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India so far this week
Expected interest rate hikes by the US Federal Reserve may delay emerging Asia's economic recovery and keep pressure on policymakers to guard against the risk of capital outflows
The US Fed's signal of raising rates from March is the reason behind the stock markets' volatile start to the year. Let's delve into the market outlook for Indian equities in the near-term
Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said
Dow Jones Industrial Average was down 764.89 points, or 2.23%, at 33,599.61, the S&P 500 was down 115.61 points, or 2.62%, at 4,294.52
The move is attributed to fears over tensions between Russia and the West and the prospect of monetary policy tightening.
Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close
A disappointing start to the corporate earnings season, as well as growing concern about Russia's troop build-up on Ukraine's border and warnings of a possible invasion
Sensex and Nifty indices erased all the gains clocked this year amid soured global sentiment. Another bout of selling can drag over 50% of Nifty500 stocks below their crucial support levels
Broader markets worst hit, BSE SmallCap index slips over 4%; BSE IPO index plunges 7% as Zomato, Nykaa tank up to 20%
Treasury yields have risen in anticipation of tighter policy, with those on the benchmark 10-year Treasury up 40 basis points from recent lows.
Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year.
(Reuters) - Gold prices eased on Tuesday, pressured by higher U.S. Treasury yields, as investors looked for clues about the Federal Reserve's interest rate hike timeline from its policy meeting next week.
Each of the region's major markets, apart from some Chinese indexes, gave up their earlier gains.
Asia's share markets were mostly higher even as global investor attention remains fixed on the prospect of US interest rate hikes in the next few months
Net investment in Indian equity market lowest in 19 months
With U.S. markets closed for a public holiday, spot gold rose 0.2% to $1,820.50 per ounce by 1412 GMT, while U.S. gold futures had inched 0.2% higher to $1,820.50
Gold prices eased on Monday, as U.S. Treasury yields gained on hawkish signals from the Federal Reserve and markets began to price in a sooner-than-anticipated reduction in balance sheet
US Federal Reserve officials signaled this week that the central bank could start raising interest rates in March as the country's annual inflation surged to an almost 40-year high in December 2021