stock exchange: Asian shares come off 11-month lows as Treasuries rally

October 5, 2023

Asian shares rebounded from 11-month lows on Thursday as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks, although a looming U.S. payrolls report could make or break the rally. Tracking overnight gains on Wall Street, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%. Japan’s …

Nifty today: Trading setup for the day: Here’s what changed for market while you were sleeping

September 5, 2023

Domestic equities rallied for a second consecutive day following strong macro data and firm global cues. Investors would keep an eye on services PMI data from Europe, UK and India, due later today. “Going ahead, domestic positives should continue to support indices with broader market sustaining momentum. Sectoral rotation would continue with niche and underperforming …