MUMBAI, India — Indian equity markets closed lower on August 27, with the BSE Sensex falling 539.35 points, or 0.70%, to 76,933.59. The NSE Nifty 50 declined 116.90 points, or 0.48%, to settle at 24,090.85.
टैग: Global Markets
HSBC Reopens 3 International Funds for Fresh SIPs: What Investors Need to Know
Mumbai, India — HSBC Mutual Fund has reopened three international mutual fund schemes to fresh systematic investment plans (SIPs) and lump-sum investments, giving Indian investors another route to seek overseas equity exposure. The schemes are HSBC Global Emerging Markets Fund, HSBC Asia Pacific (ex-Japan) Dividend Yield Fund and HSBC Brazil Fund.
6 Investors Flag Market Risks, But Agree on One Strategy
New York, United States — Global investors are navigating a market shaped by geopolitical tensions, shifting interest-rate expectations and heavy spending on artificial intelligence infrastructure, with six investment professionals pointing to different risks but converging on one broad strategy: avoid excessive concentration and diversify portfolios.
Asian Shares Rise as Fed Rate Hike Bets Fade
SYDNEY, Australia — Asian shares moved higher on Monday, August 17, as Chinese stocks led regional gains while the U.S. dollar weakened toward a two-month low. Investors were reassessing the chances of an imminent Federal Reserve rate hike after softer U.S. economic data reduced expectations for tighter monetary policy.
Norway’s $2.3 Trillion Wealth Fund Reveals $1.2 Billion SpaceX Stake
OSLO, Norway — Norway’s $2.3 trillion sovereign wealth fund reported a record first-half profit of more than $184 billion, with strong gains in Asian technology stocks helping the portfolio deliver a 9.4% return during the first six months of the year.
S&P 500 Futures Steady After Record Rally as AI Earnings and Lower Oil Prices Boost Market Sentiment
US stock futures remained largely stable after a powerful rally pushed the S&P 500 index to a fresh record high, with investors continuing to assess strong corporate earnings, artificial intelligence-driven growth and improving geopolitical sentiment. The broad market index closed above the 7,700 level for the first time after a sharp advance across major Wall Street benchmarks.