Markets have been dogged by signs of cooling global growth, concerns over interest rates and worries that escalating tensions between the United States and China could scuttle a fragile trade truce.
“With the vote on Brexit being pulled, there is a rise in the dollar which is keeping pressure on gold at the moment,” said Bob Haberkorn, senior market strategist at RJO Futures.
Indian stock, bond and foreign exchange markets are all likely to open lower on Tuesday after the shock resignation of the head of the Reserve Bank of India (RBI).
Wall Street dropped on Monday, led by Apple Inc, financials and healthcare stocks, falling further after its biggest slide since March last week on worries over global growth, the China-U.S. trade war and uncertainty over the Brexit deal.
Capital markets regulator Sebi and the stock exchanges have stepped up their surveillance systems to keep manipulative forces in check amid an extreme volatility expected on Tuesday due to the sudden resignation of RBI Governor Urjit Patel and the state assembly results.
Interserve Plc’s (IRV.L) shares sank almost 60 percent in value on Monday after the British outsourcing company announced a rescue plan that was likely to see a big part of its debt converted into new equity, potentially handing control of the company to its creditors.
U.S. stocks opened lower on Monday after a drop in Apple Inc’s shares curbed the market’s attempt to stage a bounce back from its worst week since March on worries over global growth and the China-U.S. trade war.
Foreigners were net buyers of Asian equities in November, data from seven regional stock exchanges showed, as investors were optimistic that Sino-U.S. trade tensions would ease and the U.S. Federal Reserve would hike interest rates fewer times next year.
Losses on global stocks snowballed on Monday, with European markets following Asian peers lower as fresh signs emerged of slowing growth worldwide and fears grew that simmering U.S.-China tensions would torpedo chances of a trade deal.
Sebi Monday imposed a total penalty of Rs 12 lakh on two entities for executing non-genuine trades leading to creation of artificial volume in the illiquid stock options segment of BSE.
Markets regulator Sebi has invited applications for internship programme in the statistics division of its economics and policy analysis department for a period of 12 months.
U.S. equity futures fell about 0.4 percent to six-week lows on Monday, as a global selloff continued on signs of cooling growth and worries that escalating tensions between the United States and China could scuttle their fragile trade truce.
National Stock Exchange (NSE) has imposed fines and issued notices to as many as 60 companies, including two IL&FS group firms, Videocon Industries and Unitech, for non-compliance with listing regulations.
British shares fell on Monday as concerns over slowing economic growth hit global stocks and investors braced for a crucial vote on Tuesday over Prime Minister Theresa May’s Brexit deal.
Shyam Metalics and Energy, a leading integrated metal producing company, has received Sebi's go-ahead to raise Rs 909 crore through an initial public offer (IPO).