Sensex, Nifty rise for 2nd day on gains in oil, IT & banking shares

[ad_1] The Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark Sensex pared early losses to close 242 points higher while Nifty settled above the 18,000-mark on Wednesday following gains in IT, oil and select banking stocks amid mixed global trends. Extending gains for a second day, the 30-share BSE Sensex advanced 242.83 […]

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Asian stocks join global rally and dollar drops on Fed rate joy

[ad_1] Representational image only. | Photo Credit: Reuters Asian stocks extended a global rally on December 1 and the dollar fell after Federal Reserve boss Jerome Powell flagged a slowdown in the pace of interest rate hikes and China opened the way for a softer approach to fighting COVID-19. A growing sense of hope that […]

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Asian stocks fall to two-year low; euro nears par with dollar on growth fears

[ad_1] The dollar index, which tracks the currency against a basked of six peers rose to 108.44, the highest since October 2002 The dollar index, which tracks the currency against a basked of six peers rose to 108.44, the highest since October 2002 Global equities faltered, oil fell and the euro inched closer to parity […]

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