![]() ![]() Treasury yields turned lower after the minutes, reversing an earlier rise, with investors focusing on the dovish undertones in taking yields back from near two-decade highs.īut Fed Governor Michelle Bowman struck a hawkish stance in a speech on Wednesday, saying that if high inflation does not start to wane she will continue to support aggressive rate rises. rates turned lower overnight after minutes from the Fed's latest policy meeting showed many officials "emphasized the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action," although several committee members said it would be important to "calibrate" the pace of further rate hikes to reduce the risk of "significant adverse effects" on the economy. long-term Treasury yields languished near the lows of the past two days, sitting little changed at 3.9227% in Tokyo trading. emini stock futures also offered some slight hope, rising 0.1% following a 0.33% decline in the S&P 500 from overnight. MSCI's broadest index of Asia-Pacific shares sank 0.54%, languishing close to Wednesday's 2 1/2-year low.Īustralia's stock benchmark was an outlier, eking out a 0.1% gain, buoyed by big gains for Qantas after the airline said it expects to swing to profit for the first-half. Pre-provision operating profit for the quarter increased by 69 percent to Rs 1,168.7 crore and other income (non-interest income) rose by 36 percent to Rs 1,061.3 crore compared to corresponding period last fiscal.Hong Kong's Hang Seng dropped 1.02%, and mainland Chinese blue chips lost 0.64%. Octo07:25 PM IST IDFC First Bank shares gain 4% in Muhurat trade after earnings beat estimates.ICICI Securities, while maintaining its ‘buy’ stance, said growth in options, stable futures volumes and reduction in software cost post migration to new platform set up good prospects for FY24. Octo09:48 AM IST MCX shares zoom 6% on super show in second quarter.Octo10:23 AM IST JSW Steel climbs 4% as company sticks to FY23 volume guidance despite Q2 lossĪ sharp drop in steel prices, higher power and fuel costs and decline in realizations impacted the company's profitability in the Septemeber quarter.Octo12:42 PM IST Nykaa shares sink below issue price as end of lock-in period gets near.The pharmaceutical company reported a 20 percent year-on-year decline in profit at Rs 241.2 crore for quarter ended September FY23 Octo09:43 AM IST Gland Pharma hits 52-week low on disappointing Q2, brokerages cut price target.Through the Badshah acquisition, Dabur has entered into the Rs 25,000 crore spices and seasoning market in India Octo10:39 AM IST Dabur stock price rises on market share gain, Badshah acquisition.The company recently appointed a new CEO and MD and analysts advise caution till the transition phase is over Octo12:49 PM IST RBL Bank Q2: Investors impressed, analysts not.Octo03:32 PM IST DreamFolks shares soar as record travellers queue up at busy airports for lounge accessĪfter forming a Tweezer bottom candlestick pattern, a bullish reversal sign, the stock has rallied 17 percent from the Rs 364 support and has been making higher highs and higher lows since the first week of this month.Pharma Industry Conclave Unlocking opportunities in Metal and Mining.Deloitte Best Managed Companies 2022 Sustainability 100+.Interview Series Business In The Week Ahead. ![]()
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