World Stock Market News

(Updated Every 15 minutes)
Share    

Nifty likely to get into a corrective downward wave; Buy Wipro, sell ICICI Bank for short term
Nifty likely to get into a corrective downward wave; Buy Wipro, sell ICICI Bank for short term “Nifty breaking out cluster of resistances placed around 10,570 to 10,600 is unlikely as of now” says Jaydeb Dey, Technical Analyst at Stewart Mackertich Wealth Management Ltd.

Does RBI mean what it says, bond traders want to know
The ten-year bond yield jumped 60 basis points to end at 7.73 per cent on Friday.

Apple sinks on fears of slowing iPhone sales
Shares of Apple fell more than 3% Friday and are down for the whole week too. Worries of soft demand for iPhones --particularly the iPhone X -- hit chip stocks hard too. But Amazon, Netflix and other big techs are still up for the week.

California Could Become A 'Sanctuary State' For Cannabis
Legislators hope a new bill can help protect the interests of both residents and billion-dollar industry in the Golden State, regardless of federal moods on weed.

S&P tops $20 trillion as 'Trump trade' roars back to life
Traders work on the floor of the NYSEThe main U.S. stock indexes hit record intraday highs on Monday, with the S&P 500 topping $20 trillion in combined market-capitalization for the first time ever, as the "Trump trade" jump-started on renewed optimism about the economy. President Donald Trump vowed last week to make a major tax announcement in the next few weeks, rekindling a rally that has stalled amid concerns over Trump's protectionist stance and lack of clarity on policy reforms. The S&P has surged 8.3 percent since Trump's Nov. 8 election through Friday's close, fueled by expectations Trump would lower corporate taxes, reduce regulations and increase infrastructure spending.