The US Fed meeting as well as the Bank of Japan meet on monetary policy concluded on the 21st of September. The key metrics with respect to the US Fed was whether the Fed would hike rates and its trajectory on future rates. The key metrics with respect to the Bank of Japan was would …
Last week, pharma stocks were among the worst performers on the bourses, with the NSE pharma index falling by nearly (-9.09%). The trigger was an investigation that had been launched by the US Department of Justice into generic drug companies operating in the US. According to the US department of Justice (DOJ), many of these …
The Purchasing Manager’s Index (PMI) is released for the previous month by IHS Markit on the 01st of next month. On November 01st, the IHS Markit released the PMI numbers for major world economies. So, what is the PMI all about? PMI is basically a barometer of the health of the manufacturing sector. The PMI …
The outcome of the US presidential elections are still unknown and that uncertainty slowly creeps on to impact the stock market as well. However there are opposing views to this as well, as is prevalent in the stock market. While some say that the presidential elections in the US do not affect the Indian stock …
