US financial markets witnessed extreme volatility as sharp swings in gold, silver and US equities led to an estimated USD 9 trillion movement in market capitalisation within a few hours, highlighting heightened uncertainty across asset classes.
The second term for Donald Trump as US President will have favourable outcomes for US equities, while offering a mixed but generally positive outlook for India's economy, according to a report by Elara Capital.
The BSE trading session is ongoing on Saturday after a long time. Moreover, trading on the National Stock Exchange will remain closed on January 22 as the Maharashtra government has announced a holiday owing to the Pran Pratishtha ceremony.
Mumbai (Maharashtra) [India], September 11 (ANI): Equity benchmark indices closed at near-flat levels on Friday as investors remained cautious about adverse news flow of Covid-19 vaccine trials, simmering India-China geopolitical tensions and a sharp sell-off in US equities.
Mumbai (Maharashtra) [India], April 14 (ANI): Motilal Oswal Asset Management Company on Tuesday announced the launch of an open-ended scheme tracking US's S&P 500 Index.
Mumbai (Maharashtra) [India], July 11 (ANI): Equity benchmark indices ended four days of losing streak on Thursday and closed on a positive note amid positive cues from Asian and US equities that got a boost after the US Fed chair's congressional testimony.