Tag Archives: speech

Market Live: Sensex, Nifty trade higher after budget speech, PSU bank, pharma stocks fall

BSE Sensex and NSE Nifty trade higher on Thursday. Photo: Mint Mumbai: Benchmark indices traded marginally higher on Thursday after finance minister Arun Jaitley announced a long-term capital gains tax for investing in equities. BSE Sensex sank 300 points, while the Nifty 50 slipped below 11,000. Bonds were range-bound, with the rupee weakening against US dollar. Also, Jaitley in his last ... Read More »

This is what the Queen’s Speech means for the economy

The Queen’s Speech concentrated largely on Brexit PA The business and financial communities are supposed to like strong government, so they know where they stand and can plan for it. But in the past couple of weeks, and especially now after the Queen’s Speech, they have been swinging round to the view that weak government might be rather good news. ... Read More »

Surprise Fed speech throws markets for a loop

Those figuring that the Fed still might hike rates in September are getting one more bite at the apple. As the week drew to a close and the Fed’s “quiet period” before meetings was about to settle in, investors recoiled over news that the central bank’s most dovish official, Governor Lael Brainard, will be delivering a previously unannounced speech Monday ... Read More »