Track Financial News

Investor confidence is finally returning to emerging markets as equities and bonds rally this month, luring fresh capital into exchange-traded funds that revolve around the asset class.

NAHB CEO Jim Tobin discusses the state of the housing market, American homeownership, and using family money for home down payment.

Bajaj Auto shares surged to a new historic high of ₹6,039 apiece in today's trading session, surpassing their previous high of ₹5,960 apiece. The stock began today's session at ₹5,969.80 apiece and remained flat throughout the day before gaining substantial momentum in the final hour of trade, breaching the significant ₹6,000 mark for the first time. Also Read: Bajaj Auto, Eicher Motors among 8 Nifty Auto stocks that touched new highs this year; check full list Following the company's October sales release, the stock witnessed a one-way spike.

Investing.com — The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as traders awaited key inflation data amid growing conviction that the Federal Reserve has completed its rate-hiking cycle.

Investing.com -- U.S. stock futures oscillate around the flatline following a dip in the prior session, but equities remain on track to post November gains. Investors are also eyeing a potentially record-breaking amount of spending by American consumers on Cyber Monday. Elsewhere, reports say fast-fashion retailer Shein has confidentially filed for a U.S. listing, in what could be a boon for the stagnant IPO market.

Baroda BNP Paribas Mutual Fund announced the launch of the Baroda BNP Paribas Gold ETF. The scheme opened for public subscription on November 28, 2023, and will close on November 30, 2023. The scheme re-opens for continuous sale and purchase within five days from the date of allotment.

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy

A hearing has begun to help determine whether a Georgia railroad can legally condemn property to build a rail line

A record number of passengers traveled through U.S. airports over Thanksgiving weekend, the Transportation Security Administration said Monday

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy

More cities across the U.S. are cracking down on homeless tent encampments that have grown more visible and become unsafe

CSX says a failed wheel bearing on a train car caused a derailment that sparked a chemical fire in a small Kentucky town

By Patturaja Murugaboopathy and Gaurav Dogra

By Foo Yun Chee

Investing.com-- Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates, which in turn put the dollar at a three-month low.

BSE Ltd while Nomura has a neutral rating on Eicher Motors. Also, Elara Capital recommended a buy on L&T and HDFC Securities Institutional Research has a buy on Sai Silks (Kalamandir). We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on BSE: Buy| Target Rs 2700 Jefferies initiated coverage on BSE Ltd with a buy with a target of Rs 2700.

US Treasury yields, spurred by renewed hopes for an end to the rate hike cycle and as oil prices hovered around $80 per barrel ahead of the OPEC+ meeting. The BSE Sensex was trading 47 points or 0.07% higher at 66,016. Nifty50 was trading at 19,823, up 29 points or 0.15% at around 9.17 am. Domestic macroeconomic data and sustained domestic investor inflows also aided the rise in Indian equities. From the Sensex stocks, UltraTech Cement, Power Grid, NTPC, Wipro, and Axis Bank opened with gains, while ICICI Bank, M&M, Reliance Industries, L&T, and Tech Mahindra opened with cuts. Paytm shares dipped 1.4% after Warren Buffet's investment arm, BH International Holdings exited Paytm's parent through open market transactions in a Rs 1,370 crore deal. Shares of KPI Green Energy rose nearly 4% after the firm received a new order of a 4.66 MW Solar Power Plant under the CPP segment. On the sectoral front, Nifty Metal rose 1.07%, and Nifty Oil & Gas surged 0.83%.

rupee appreciated 2 paise to 83.38 against the US dollar in early trade on Tuesday, tracking a weak American currency and inflow of foreign funds in the domestic equities. Forex traders said, positive sentiment in the domestic equity markets and lower crude oil price also favoured the Indian currency.

“Large private sector banks are available at attractive valuation backed by the very healthy and clean balance sheet, witnessing robust credit growth, Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Company. In an interview with ETMarkets, Banerjee said: “This lower premium combined with stronger earnings growth expectations for the Indian equity markets vs. Emerging markets over the next two years places India in a good position comparatively in terms of valuations and outlook,” Edited excerpts: Samvat 2080 started on a positive note as the market picked up momentum. Where are markets headed? The world economy is undergoing a mix of tailwinds and headwinds. On one side, we are witnessing an easing of inflation in the US and a global decline in commodity prices that have positively impacted the economy which reduced probable global recession fears and potentially influenced the US Federal Reserve's future rate hike trajectory.

Investing.com-- Asian stocks rose slightly on Tuesday as traders kept to the sidelines before a string of key economic readings from the U.S. and China due later this week, although most regional bourses were sitting on strong gains for November. 

Here are the key issues in the two-week COP28 negotiations starting Nov. 30 in Dubai. TAKING STOCK OF CLIMATE PROGRESS The main task at COP28 is a first-time assessment of countries' progress towards meeting the 2015 Paris Agreement's goal of limiting the global temperature rise to «well below» 2 degrees Celsius, while aiming for 1.5C. With global efforts lagging, countries will try during this «global stocktake» to agree on a plan to get the world on track to meet climate goals, which could include urgent steps towards cutting CO2 emissions or boosting green technology investments. As the COP28 talks begin, countries are at odds over whether this exercise should put the onus on all countries or just the world's wealthiest countries to do more because they released the most planet-warming emissions historically. Countries are expected to update their national emissions-cutting targets and plans by 2025. FUTURE OF FOSSIL FUELS The toughest talks at COP28 may focus on the future role of fossil fuels, and whether countries should commit to start phasing out the use of CO2-emitting coal, oil and gas. Countries agreed at COP26 to phase down the use of coal, but they have never agreed to quit all fossil fuels — the main source of planet-warming emissions. The United States, European Union and many climate-vulnerable countries are insisting on a final COP28 deal that commits countries to phase out fossil fuels.