The volatility in #stockmarkets is telling us the story of huge structural change — one that takes us back to an old normal.

RT @_prashantnair: *WHAT HAPPENED OVERNIGHT*

- US & EU equities closed deep in the red

- SPX -1.38%, Nasdaq -2.17%, Russell 2000 -1.48%

- UST 10y yield +5 bps to 4.08%

- Dollar Index +0.28% to 102.59

- US ADP employment data: 324K vs 190K poll

- Brent Oil -2.0% to $83.20

#stockmarkets

RT @_prashantnair: China - Rate Cut After Very Weak Data !

1. Residential sales value -19%, weakest July since 2015

2. Industrial production +3.7% (poll 4.3%)

4. Retail sales +2.5% (poll 4.0%)

5. Fixed Asset Invst +3.4% Jan-July (poll 3.7%)

6. PBoC cut policy rate unexpectedly

#stockmarkets

RT @_prashantnair: Quick Rupee Update !

We broke above 83.50 today in the 1m.

Also, USDCNH broke above 7.30 (after PBoC cut today). Broad USD-Asia FX complex also moving higher.

#stockmarkets

RT @_prashantnair: *WHAT HAPPENED OVERNIGHT*

- SPX -0.28%, Nasdaq +0.06%

- UST 10y yield lost 1 bps to 4.33%

- US Dollar Index +0.28% to 103.59

- Fed's Barkin pushed back on inflation target adjustments

- Brent Oil -0.4% to $84.08/bbl

- Markets await Powell speech on Friday

#stockmarkets

Global equity market bulls are keen on a long term relationship with 🇮🇳 but in the near term could they have an affair with 🇨🇳

China is attempting to pump up their economy with stimulus measures 💰

#Stockmarkets #Nifty

Coforge says

Expect FY25 to be a standout year for the co 🚀

Believe we have significant margin levers 👍

On Ciginiti
🤩 Benefits of Cross selling to reflect Q3 onwards
🤩 Margins to exceed 18% vs 16.5% earlier

#StockMarkets

Rhi Magnesita India says
💪 Expect volumes to pick up in H2FY25
🎯 Margins to hover in a 14%-15% band
🤔 No clue on whether Dalmia wants to sell stake in RHI

#StockMarkets #Nifty