Day: September 26, 2023

Global Markets: Asian stocks inch away from 10-month low, rate jitters lingerGlobal Markets: Asian stocks inch away from 10-month low, rate jitters linger

Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar held strong. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.59% higher but not far off the 10-month […]

Gensol Engineering secures contract worth Rs 138.72 crore for solar power project by SEMLGensol Engineering secures contract worth Rs 138.72 crore for solar power project by SEML

Gensol Engineering Limited on Wednesday announced that it has been awarded a contract for a 33 MW AC solar power project by Sarda Energy & Minerals Ltd (SEML), a steel production company and an exporter of ferro alloys. “The initiative will unfold for its captive use at SEML’s Kharora plant in Chhattisgarh, a region burgeoning […]

Wall Street Week Ahead-Investor hopes for US soft landing ride on inflation dataWall Street Week Ahead-Investor hopes for US soft landing ride on inflation data

U.S. stock investors are turning their focus to next week’s inflation data, which could determine the near-term path of an equity rally that has wobbled in recent weeks.Signs the U.S. economy is on track for a so-called soft landing, where the Federal Reserve is able to bring down inflation without badly damaging growth, have helped […]

Sensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrendSensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrend

By Anand James Sensex broke above an excruciatingly tight trading range that had prevailed since the fourth of July, succeeding in yet another record closing last Friday. Standard deviation studies set an upper range of 66,685, which is understandably modest given the fact that the recent range has been tight. However, the ratio of 50 […]

Poco X6 series India launch on January 11; first look teaser confirms it’s a rebranded Redmi K70EPoco X6 series India launch on January 11; first look teaser confirms it’s a rebranded Redmi K70E

The Poco X6 series officially arrives in India on January 11, 2024, a listing on Flipkart has confirmed. The launch date reveal is joined by the full back panel design reveal of what appears to be the Poco X6 Pro seemingly confirming that it would be a rebranded Redmi K70E after all in line with […]