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1 week ago |
cnbctv18.com
India’s luxury car market hit a record 51,406 units in FY25, up 3% YoY. Mercedes led the pack, while BMW and JLR posted solid gains. Audi, Volvo, and Mini struggled amid headwinds.
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2 weeks ago |
cnbctv18.com
US Stock Market Live: Futures linked to indices on Wall Street have tanked on Sunday evening, pointing to further price damage after a two-day sell-off wiped out over $5 trillion in investor wealth. Lack of clarity and defiance from the Trump administration on tariffs have dented investor sentiment further. The Dow futures are down over 1,500 points, while those on the S&P 500 and the Nasdaq are down over 4% each. In case this spills over to regular trading on Monday evening Indian time, the S&P 500 will join the Nasdaq and the Smallcap Russell 2000 index in a bear market, meaning a 20% correction from the top. While the US 10-year yield remained near the 4% mark, yield on the two-year note fell to the lowest since 2022. Oil prices had plunged to a four-year low on Friday, while gold also witnessed profit booking. Haven currencies like the Japanese Yen and the Swiss Franc continued to strengthen. Stay on this space for all the Live Updates.
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2 weeks ago |
cnbctv18.com
Sensex Today | Stock Market Highlights: Indian equity markets witnessed a brutal sell-off on Monday as rising volatility and deteriorating sentiment led to sharp losses across the board. Extending Friday’s losses, benchmark indices opened weak and plunged deeper through the day, before a sharp late-hour recovery helped trim some losses.
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2 weeks ago |
cnbctv18.com | Hormaz Fatakia
US Stock futures are down on Sunday evening as well after a two-day rout that has wiped off over $5 trillion in market capitalisation. The Dow futures are down over 1,200 points, while the S&P 500 and Nasdaq futures are down over 4% each.
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2 weeks ago |
cnbctv18.com
US Stock Market Live: US President Donald Trump's reciprocal tariff announcements have triggered a massive sell-off across Wall Street, with the Dow Jones plunging over 2,000 points, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the Nasdaq has entered bear market territory. The two-day meltdown has resulted in the loss of over $5 trillion in market value, with the S&P 500 declining 10% in just two days. With Friday night's sell-off, the Dow Jones is now just 700 points away from its 52-week low. Treasury 10-year yields slid three basis points to 3.99%. The dollar rose 1%. Megacaps plunged, with Nvidia Corp. and Tesla Inc. slumping over 7%. US-listed Chinese stocks like Alibaba Group Holding Ltd. and Baidu Inc. also tumbled. A gauge of big banks hit the lowest since Aug. 7. The Cboe Volatility Index jumped to the highest since April 2020. Historically, the S&P 500’s trailing price-to-earnings ratio slides to an average of 15.6 during routs that precede economic downturns, according to data compiled by Sam Stovall at research firm CFRA. It’s currently around 22 despite the recent selloff.
CNBC-TV18 journalists
Aishwarya Anand
Akashdeep Baruah
Ashmit Kumar
Asmita Pant
Ekta Batra
Hormaz Fatakia
Jescilia Karayamparambil
Jomy Pullokaran
Lakshman Roy
Latha Venkatesh
Meghna Sen
Pihu Yadav
Ritu Singh
Sharad Vats
Sheersh Kapoor
Shibani Gharat
Shivani Bazaz
Shloka Badkar
Shweta Mungre
Sonia Shenoy
Sriram Iyer
Sudeshna Singh
Vijay Anand
Vivek Dubey
Yogesh Tambe
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