Tag: Nikkei

Sensex down 300 pts in opening deals; Nifty below 21,400
Business

Sensex down 300 pts in opening deals; Nifty below 21,400

8:56 AMReliance Industries's green energy equipment business intrigues analystsEvery decade or so, Reliance Industries Ltd (RIL) sets on a new growth strategy, nudging the markets to value its stock price for newer businesses. For the company’s latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments.  READ MORE 8:51 AMSBI slows down unsecured retail loans, to focus on healthy growthState Bank of India, the country’s largest lender, has slowed unsecured retail loans as the lender will focus on ‘healthy’ growth, even if overall loan growth is expected to stay robust at 15 per cent in this financial year amid steady demand from corporates, Chairman Dinesh Khara said. READ MORE 8:46 AMStocks: Ne...
US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy
Business

US Stocks Mixed as Investors Navigate Russian Turmoil and Fed Policy

Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy.The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline.The blue-chip Dow was held aloft by consumer discretionary and industrials. Economically sensitive transports and smallcaps were outperforming.“We’re having a bit of a correction, with (Fed Chair Jerome) Powell still talking about keeping rates higher for longer," said Paul Nolte, senior wealth adviser and market strategist at Murphy & Silvest in Elmhurst, Illinois. “A lot of those big tech companies have had quite a run, so we’re seeing a rotation into smallcaps and v...