Dalal Street not as expensive as global markets: Credit Suisse
While the price-to-earnings ratio for the market is high, it is not expensive compared to global equities but that is taken care of by the corporate scorecard in Q2 which was one of the best in three years with aggregate earnings seeing no cuts, the Swiss brokerage Credit Suisse said today without offering a Sensex or Nifty target for 2018.
Dec 14, 2017, 19:23 PM ISTWorld stock markets gauge touches record on Europe boost; Wall Street slips
U.S. traders appeared to shrug off the first charges related to a probe of possible Russian interference in last year`s U.S. election.
Oct 30, 2017, 23:05 PM ISTGold falls Rs 46 in futures trade as weak global cues hurt
Gold prices were down by Rs 46 to Rs 28,697 per 10 grams in futures trade today as participants cut down their holdings, largely in line with a weak trend overseas.
Mar 30, 2016, 13:17 PM ISTChina stocks rout stings world equities, commodities
The biggest rout in Chinese shares in eight years stoked concerns on Monday over slowing growth in the world`s No. 2 economy, knocking down global equities and the prices of key commodities.
Jul 27, 2015, 23:58 PM ISTFalling energy shares weigh on global equities, oil down
Crude oil tumbled on Friday, knocking down both energy-related shares and currencies after OPEC`s decision a day earlier not to cut output reinforced prospects of a worldwide oil supply glut.
Nov 29, 2014, 02:45 AM ISTGoldman Sachs downgrades stocks to neutral for short term
Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term.
Jul 26, 2014, 09:39 AM IST