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Hard landing to hit stocks in second half, says BofA

Updated at : 2023-02-17 22:25:02

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Recent economic indicators show that the Fed’s mission to bring down inflation is “very much unaccomplished,” Hartnett wrote

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This is the second consecutive week of drop in the reserves after the $1.49-billion decrease in the previous reporting week

US stocks open lower as fears of hawkish Fed grow

Updated at : 2023-02-17 21:20:04

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The Dow Jones Industrial Average fell 19.84 points, or 0.06%, at the open to 33,677.01

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In a speech to financial analysts, Villeroy, who is also governor of the French central bank, said that rates would then "probably" reach their peak in the summer, at the latest by September

The 52-week high is the highest price at which a stock has traded during the last year.

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ETMarkets has identified 9 stocks with a high price range, denoted by the current market price of over Rs 5,000 per share.

Financial investors may be underestimating the persistence of inflation in the euro zone, European Central Bank board member Isabel Schnabel said in an interview published on Friday

The rupee closed at 82.83 to the dollar after touching a more than one-month low of 82.8975 on Wednesday. The unit, however, has managed to avert a further slide despite a jump in U.S. yields and a broad selloff in Asian currencies

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In the quarter gone by, the value of promoter pledged as a percentage of promoter holding in BSE500 stocks increased to 1.61% from 1.57% in the previous quarter.

These include ACC, Kotak Mahindra Bank, Canara Bank, IDBI Bank, YES Bank, Union Bank of India, Indian Hotels, Jindal Steel & Power, Shriram Finance, Trent, and Tube Investments.

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