European Markets Exhibit Mixed Trend

European Markets Exhibit Mixed Trend
European markets are exhibiting a mixed trend on Friday, with investors digesting some crucial earnings reports and treading cautiously amid uncertain near term outlook for stocks. The weak close in Asia and the overnight decline on Wall Street following a downward revision in revenue target by the world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co appear to be weighing on... Read More

Indian Market Ends Flat

Indian Market Ends Flat
Despite strong gains in the IT space on good results and bonus announcement from Tata Conultancy Services, the Indian stock market ended flat on Friday, with a largely negative trend in global markets and speculation about a rate hike by RBI prompting investors to tread cautiously. The minutes of the central bank’s recent monetary policy meeting hint at a possible... Read More

Wall Street To Edge Up At Opening

Wall Street To Edge Up At Opening
Initial trading on U.S. Futures is giving an impression that Wall Street might open slightly higher on Friday. Asian shares finished mostly higher, while European shares are climbing higher. It is a quiet day as far as economic announcements are concerned. The investors are looking for earnings reports as well as a set of Fed speeches. The geopolitical developments as... Read More

FTSE Edges Higher

FTSE Edges Higher
U.K. stocks are modestly higher Friday morning, with the pound easing slightly against the U.S. dollar following remarks from the central bank governor that there won’t be an interest rate increase next month. The FTSE100 index is up 26.35 points or 0.34 percent at 7,355.27. On Thursday, the index ended higher by about 0.2 percent. In the currency market, the... Read More

CAC Down Marginally Amid Lackluster Trades

CAC Down Marginally Amid Lackluster Trades
The French market is quite subdued this morning, with investors looking for direction. With no economic data due for release and the mood elsewhere in Europe rather cautious amid uncertainty about the near-term outlook for global markets, not many counters are witnessing any significant activity. The benchmark CAC 40 index is down 4.50 points or 0.08 percent at 5,387.14. On... Read More

Asian Markets End Lower

Asian Markets End Lower
Asian markets drifted lower on Friday, led by losses in technology stocks amid falling demand for smartphones and a downward revision in revenue target by the world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co. In the Australian market, shares from telecom and utility sectors trended lower today. The benchmark S&P/ASX 200 ended down 12.20 points or 0.21 percent at 5,868.80.... Read More

Sensex Drifts Lower In Early Trades; IT Stocks Up On TCS Results, Weak Rupee

Sensex Drifts Lower In Early Trades; IT Stocks Up On TCS Results, Weak Rupee
The Indian stock market is trading lower Friday morning, with investors tracking weak global cues. However, IT stocks are moving higher thanks to buoyant quarterly results and a 1:1 bonus issue announcement from Tata Consultancy Services. The BSE benchmark Sensex is down 48.91 points or 0.14 percent at 34,378.38, after having declined to a low of 34,336.08 earlier. The National... Read More

Earnings News Remains In Focus On Wall Street

Earnings News Remains In Focus On Wall Street
The major U.S. index futures are pointing to a lower opening on Thursday following the lackluster performance seen in the previous session. The downward momentum on Wall Street comes as traders digest the latest batch of earnings news from several big-name companies. After moving notably higher over the two previous sessions, stocks turned in a lackluster performance during trading on... Read More