U.S. Stocks May Give Back Ground In Early Trading

After ending last Friday’s trading narrowly mixed, stocks may move to the downside in early trading on Monday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. Traders may look to cash in on recent strength in the markets, which […]

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NRIs likely to get bigger play in local equities through GIFT City FPIs

The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi’s board meeting on Saturday […]

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Billionaire heirs have a how-to-spend-it problem

Save articles for later Add articles to your saved list and come back to them any time. “Let me tell you about the very rich. They are different from you and me.” F. Scott Fitzgerald could have added that they are also generationally different from each other. For the first time in the history of […]

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Gold Futures Settle Notably Higher As Dollar Turns Weak

Gold prices moved up sharply on Friday as the dollar fell and bond yields dropped amid rising bets the Federal Reserve is likely to end its tightening cycle. However, during his speech at Spelmen College today, Fed Chair Jerome Powell acknowledged recent signs of slowing price growth but said the Fed is committed to keeping […]

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Futures Pointing To Roughly Flat Open On Wall Street

With trading resuming following the Thanksgiving Day holiday on Thursday, stocks may show a lack of direction during Friday’s session. The major index futures are currently pointing to roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent. Traders may remain away from their desks […]

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