global markets

[ad_1] The steel industry has been bogged down by price pressures for a while now. The average price of domestic (HRC) steel dropped for the sixth time in a row in March to ₹52,857 per tonne, according to market intelligence platform BigMint. Weak demand in global markets is a key factor weighing on domestic prices. Respite in the near term appears unlikely as delayed economic recovery and a drop…

[ad_1] Asian markets are mixed and the US market took a breather after a rally sparked by optimism over the US Federal Reserve’s interest rate cuts. The Indian stock market was closed on Monday on account of the Holi festival. The markets will also remain shut on Friday, March 29, on account of Good Friday. On Friday, the domestic equity benchmark indices ended with modest gains, extending the positive…

[ad_1] Before Market Opens: Indian markets are likely to open ona positive note on Friday following gains in Asian peers after Wall Street hit record closing highs on rate-cut optimism. Meanwhile, Gift Nifty was trading 15 points higher, indicating a positive start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: View Full Image Wall Street (REUTERS) Wall Street’s three major stock…