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Jackson Hole Fed Powell speech Live Updates: US Fed's Powell hints at early rate cut; US stocks soar, dollar falls
22 Aug 2025 | 11:55:08 PM IST
Synopsis
Jackson Hole Fed Powell speech Live Updates: US Federal Reserve Chair Jerome Powell is set to strike a careful balance in his much-anticipated speech at Friday’s central banking conference, as he navigates criticism from President Donald Trump and conflicting economic signals.
Jackson Hole Fed Powell speech Live Updates: At last year’s Jackson Hole Economic Policy Symposium, Powell hinted that the time was right for interest rate cuts. This year, however, analysts caution that the outlook appears far less clear.
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Why is the stock market down today? Sensex plunges over 650 pts, Nifty slips below 24,900; 5 factors behind the slide
The BSE Sensex fell 693.86 points, or 0.85%, to close at 81,306.85, while the NSE Nifty shed 213.65 points, or 0.85%, to close at 24,870.10.
Jackson Hole Symposium: Jerome Powell's speech date and time
Global markets, including India, turned cautious ahead of Fed Chair Jerome Powell’s address at the Jackson Hole Symposium on August 22. This will be his eighth and final speech at the event before his term ends in May 2026. Investors await cues for the Fed’s September 16–17 policy meet. Powell speaks at 10 am EDT (7:30 pm IST), live on the Fed’s YouTube channel.
Top reads
Rs 32,000 crore FII selloff in 8 sectors! Time for a U-turn now?
Apollo Hospitals block deal: Nearly 19 lakh shares worth Rs 1,489 crore change hands
Jerome Powell Jackson Hole Speech Today
Fed officials divided ahead of Powell’s Jackson Hole Speech
Fed Faces Dilemma: Support growth or tame inflation
Gold prices slip by Rs 200 to trade at Rs 99,235/10g ahead of Jerome Powell’s speech
Global Markets Updates
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Why is the stock market down today? Sensex plunges over 650 pts, Nifty slips below 24,900; 5 factors behind the slide
- Caution ahead of Jackson Hole
- U.S. tariff concerns
- Profit taking after 6-day rally
- FII selling pressure
- Technicals signal insufficient momentum
The BSE Sensex fell 693.86 points, or 0.85%, to close at 81,306.85, while the NSE Nifty shed 213.65 points, or 0.85%, to close at 24,870.10.
Jackson Hole Symposium: Jerome Powell's speech date and time
Global markets, including India, turned cautious ahead of Fed Chair Jerome Powell’s address at the Jackson Hole Symposium on August 22. This will be his eighth and final speech at the event before his term ends in May 2026. Investors await cues for the Fed’s September 16–17 policy meet. Powell speaks at 10 am EDT (7:30 pm IST), live on the Fed’s YouTube channel.
Top reads
Rs 32,000 crore FII selloff in 8 sectors! Time for a U-turn now?
Apollo Hospitals block deal: Nearly 19 lakh shares worth Rs 1,489 crore change hands
Jerome Powell Jackson Hole Speech Today
Fed officials divided ahead of Powell’s Jackson Hole Speech
Fed Faces Dilemma: Support growth or tame inflation
Gold prices slip by Rs 200 to trade at Rs 99,235/10g ahead of Jerome Powell’s speech
Global Markets Updates
- S&P 500 futures rose 0.2% as of 6:57 a.m. New York time
- Nasdaq 100 futures rose 0.2%
- Futures on the Dow Jones Industrial Average rose 0.3%
- The Stoxx Europe 600 rose 0.3%
- The MSCI World Index was little changed
1 New Update
Jackson Hole Fed Powell speech Live Updates: US stocks soar; Dow surges 800 points, S&P, Nasdaq rise 1%
The Dow Jones jumped 858.25 points or 1.92% to 45,643.75, the S&P 500 gained 100.39 points or 1.58% to 6,470.56, and the Nasdaq rose 425.93 points or 2.02% to 21,526.24.
Jackson Hole Fed Powell speech Live Updates: Trump says Intel 'agreed' to sell US a 10% equity stake
The U.S. government will take a 10% stake in Intel under an agreement with the struggling chipmaker, President Donald Trump said on Friday, marking the latest extraordinary intervention in corporate affairs.
Intel, whose shares rose more than 6%, declined to comment.
The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms.
It also follows a $2 billion capital injection from SoftBank Group in what was a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.
Intel, whose shares rose more than 6%, declined to comment.
The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms.
It also follows a $2 billion capital injection from SoftBank Group in what was a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.
Jackson Hole Fed Powell speech Live Updates: Trump says could impose sanctions on Russia in two weeks
U.S. President Donald Trump said on Friday that in two weeks he should know whether progress is possible in his bid to end Russia's invasion of Ukraine and he again raised the prospect of imposing sanctions on Moscow.
Speaking to reporters in the Oval Office, Trump said "I'm not happy" with any aspect of the effort to find peace. A week ago Trump held talks in Alaska with Russian President Vladimir Putin and has been unable thus far to coax him into a meeting with Ukraine President Volodymyr Zelenskiy. "There's a tremendous amount of hatred there," said Trump. "But we'll see what happens. I think in two weeks, we'll know which way I'm going."
He said he would decide then whether to impose "massive sanctions" or do nothing and say "it's your fight."
Speaking to reporters in the Oval Office, Trump said "I'm not happy" with any aspect of the effort to find peace. A week ago Trump held talks in Alaska with Russian President Vladimir Putin and has been unable thus far to coax him into a meeting with Ukraine President Volodymyr Zelenskiy. "There's a tremendous amount of hatred there," said Trump. "But we'll see what happens. I think in two weeks, we'll know which way I'm going."
He said he would decide then whether to impose "massive sanctions" or do nothing and say "it's your fight."
Jackson Hole Fed Powell speech Live Updates: Gold gains as Powell’s comments fuel rate cut hopes
Gold prices rebounded on Friday, buoyed by heightened expectations of a September rate cut following comments from Federal Reserve Chair Jerome Powell at the central bank's Jackson Hole symposium.
Spot gold was up 1.1% at $3,373.89 per ounce by 1:31 p.m. EDT (1731 GMT), while U.S. gold futures settled 1.1% up at $3,418.50.
The U.S. dollar was down 1%, making gold less expensive for other currency holders.
Spot gold was up 1.1% at $3,373.89 per ounce by 1:31 p.m. EDT (1731 GMT), while U.S. gold futures settled 1.1% up at $3,418.50.
The U.S. dollar was down 1%, making gold less expensive for other currency holders.
Jackson Hole Fed Powell speech Live Updates: Trump says he'll fire Fed's Cook if she doesn't resign over mortgage questions
U.S. President Donald Trump on Friday said he would fire Federal Reserve Governor Lisa Cook if she doesn't resign, intensifying his effort to gain influence over the U.S. central bank.
"I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House.
Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan and Georgia.
Cook on Wednesday said she took any questions about her financial history seriously as a member of the Federal Reserve and was gathering the accurate information to answer any legitimate questions.
"I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House.
Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan and Georgia.
Cook on Wednesday said she took any questions about her financial history seriously as a member of the Federal Reserve and was gathering the accurate information to answer any legitimate questions.
Jackson Hole Fed Powell speech Live Updates: UK's FTSE extends record-closing streak after Fed's Powell signals rate cut
Britain's FTSE 100 closed at a fresh all-time high on Friday for a fourth consecutive session, as global stocks rallied after U.S. Federal Reserve Chair Jerome Powell hinted at an imminent rate cut.
The blue-chip index ended up 0.2% at 9,321.4, to cap off the week with a near 2% gain, benefiting from a market rotation away from technology stocks that triggered a selloff on Wall Street earlier this week.
The FTSE 100 has also reached new heights of above 9,300 points, advancing 14% this year.
Meanwhile, the midcap index FTSE 250 jumped 1.2% on Friday and finished the week up 1.5%.
The blue-chip index ended up 0.2% at 9,321.4, to cap off the week with a near 2% gain, benefiting from a market rotation away from technology stocks that triggered a selloff on Wall Street earlier this week.
The FTSE 100 has also reached new heights of above 9,300 points, advancing 14% this year.
Meanwhile, the midcap index FTSE 250 jumped 1.2% on Friday and finished the week up 1.5%.
Jackson Hole Fed Powell speech Live Updates: Stocks rally, yields dip as Powell opens door to September rate cut
Stocks climbed and U.S. Treasury yields and the dollar fell on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting.
Wall Street shares rallied after Powell stopped short of committing to cutting interest rates as he acknowledged growing risks to the job market while also saying risks of higher inflation remain.
His remarks, to the annual central banking symposium at Jackson Hole, are his final address as chair of the Fed.
The S&P 500 and Nasdaq Composite rose 1.5% and 1.7%, respectively. The Dow Jones Industrial Average jumped 2.2% to a record intraday high.
Government bonds also welcomed the news with the rate-sensitive two-year Treasury yield down nearly 10 basis points at 3.69%. Benchmark 10-year yields fell 6 bps to 4.27%.
Wall Street shares rallied after Powell stopped short of committing to cutting interest rates as he acknowledged growing risks to the job market while also saying risks of higher inflation remain.
His remarks, to the annual central banking symposium at Jackson Hole, are his final address as chair of the Fed.
The S&P 500 and Nasdaq Composite rose 1.5% and 1.7%, respectively. The Dow Jones Industrial Average jumped 2.2% to a record intraday high.
Government bonds also welcomed the news with the rate-sensitive two-year Treasury yield down nearly 10 basis points at 3.69%. Benchmark 10-year yields fell 6 bps to 4.27%.
Jackson Hole Fed Powell speech Live Updates: Trump's tariffs could reduce US deficit by $4 trillion, CBO estimates
President Donald Trump's increased tariffs on U.S. imports from foreign countries could reduce the national deficit by $4 trillion over the next decade, the Congressional Budget Office estimated on Friday.
If Trump's global tariff hikes continue, increased revenue could shrink primary deficits by $3.3 trillion and cut federal interest payments by $0.7 trillion over the next decade, CBO, Congress’ nonpartisan analyst, said.
The current top tariff rates may not hold as negotiations with trading partners and international legal challenges are ongoing.
But the additional tariff revenue could help offset the deficit increases triggered by the Republicans' tax-cut and spending bill passed this year. CBO estimated this would widen the deficit by $3.4 trillion over the next decade.
The U.S. federal debt is $37.18 trillion, according to the Treasury Department. It has continued to grow under Republican and Democratic administrations as the U.S. Congress continues to authorize the federal government to spend more money than it takes in.
If Trump's global tariff hikes continue, increased revenue could shrink primary deficits by $3.3 trillion and cut federal interest payments by $0.7 trillion over the next decade, CBO, Congress’ nonpartisan analyst, said.
The current top tariff rates may not hold as negotiations with trading partners and international legal challenges are ongoing.
But the additional tariff revenue could help offset the deficit increases triggered by the Republicans' tax-cut and spending bill passed this year. CBO estimated this would widen the deficit by $3.4 trillion over the next decade.
The U.S. federal debt is $37.18 trillion, according to the Treasury Department. It has continued to grow under Republican and Democratic administrations as the U.S. Congress continues to authorize the federal government to spend more money than it takes in.
Jackson Hole Fed Powell speech Live Updates: Jerome Powell says rates may need to be cut, but US Fed to proceed carefully
Federal Reserve Chair Jerome Powell on Friday pointed to a possible interest rate cut at the U.S. central bank's meeting next month, but stopped short of committing to it, in remarks acknowledging both the growing risks to the job market and ongoing threat of higher inflation.
"While the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers. This unusual situation suggests that downside risks to employment are rising. And if those risks materialize, they can do so quickly," Powell told an audience of international economists and policymakers at the Fed's annual Jackson Hole conference in Wyoming. Read more
"While the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers. This unusual situation suggests that downside risks to employment are rising. And if those risks materialize, they can do so quickly," Powell told an audience of international economists and policymakers at the Fed's annual Jackson Hole conference in Wyoming. Read more
Jackson Hole Fed Powell speech Live Updates: Canada to remove counter tariffs on US, says PM Mark Carney
Canada will remove its counter tariffs on all U.S. goods covered by the USMCA trade deal. This decision will take effect on September 1, 2025: Prime Minister Mark Carney
Jackson Hole Fed Powell speech Live Updates: US dollar drops as Powell signals possible September rate cut in Jackson Hole speech
The dollar dropped broadly on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to such a move.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was last down 0.89% on the day at 97.73, after trading around 98.7 before Powell's comments.
The euro gained 0.97% to $1.1717. Against the Japanese yen, the dollar weakened 1.1% to 146.74. Read More
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was last down 0.89% on the day at 97.73, after trading around 98.7 before Powell's comments.
The euro gained 0.97% to $1.1717. Against the Japanese yen, the dollar weakened 1.1% to 146.74. Read More
Jackson Hole Fed Powell speech Live Updates: Powell consistent with Nomura's view, says David Seif
DAVID SEIF, CHIEF ECONOMIST FOR DEVELOPED MARKETS, NOMURA, NEW YORK
"This was generally a dovish speech that is consistent Nomura's view that a 25bp cut in September is the base case. We continue to think that a hold is possible with a strong labor market report and/or hot inflation report next month, as is a 50-bp cut if the labor market report next month is once again soft. All three outcomes are plausible, with 25bp the most likely, followed by a hold, and followed by a 50bp cut."
"Powell was dovish in explicitly mentioning a shift in the balance of risk towards a slowdown in the labor market and implying that more easing is coming. In addition, it was dovish in that he did not downplay the soft NFP data from the past three months. He did hawkishly note the low unemployment rate and decline in the ‘breakeven’ rate of job creation, but he did not use it to dismiss the weak NFP data. He also addressed the slowdown in GDP growth, another dovish statement."
"This was generally a dovish speech that is consistent Nomura's view that a 25bp cut in September is the base case. We continue to think that a hold is possible with a strong labor market report and/or hot inflation report next month, as is a 50-bp cut if the labor market report next month is once again soft. All three outcomes are plausible, with 25bp the most likely, followed by a hold, and followed by a 50bp cut."
"Powell was dovish in explicitly mentioning a shift in the balance of risk towards a slowdown in the labor market and implying that more easing is coming. In addition, it was dovish in that he did not downplay the soft NFP data from the past three months. He did hawkishly note the low unemployment rate and decline in the ‘breakeven’ rate of job creation, but he did not use it to dismiss the weak NFP data. He also addressed the slowdown in GDP growth, another dovish statement."
US yields dive after Fed's Powell's dovish turn in Jackson Hole
U.S. Treasury yields dropped across the board on Friday after Federal Reserve Chair Jerome Powell alluded to a possible interest rate cut at the central bank's September meeting but stopped short of committing to it.
He acknowledged the growing risks to the job market and also said risks of higher inflation remain. "While the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers," Powell told an audience of international economists and policymakers at the Fed’s annual conference in Jackson Hole, Wyoming.
"This unusual situation suggests that downside risks to employment are rising. And if those risks materialize, they can do so quickly," he said, before touching on inflation risks and going on to add: "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance."
In late morning trading, U.S. two-year yields, which are tied to the Fed's monetary policy, fell 11.5 basis points (bps) to 3.677%, on track for its largest daily fall since August 1. The yield earlier fell to a more than one-week low of 3.675%.
The benchmark 10-year yield also fell to a one-week low and was last down 86 bps to 4.246%, its biggest one-day decline in three weeks.
He acknowledged the growing risks to the job market and also said risks of higher inflation remain. "While the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers," Powell told an audience of international economists and policymakers at the Fed’s annual conference in Jackson Hole, Wyoming.
"This unusual situation suggests that downside risks to employment are rising. And if those risks materialize, they can do so quickly," he said, before touching on inflation risks and going on to add: "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance."
In late morning trading, U.S. two-year yields, which are tied to the Fed's monetary policy, fell 11.5 basis points (bps) to 3.677%, on track for its largest daily fall since August 1. The yield earlier fell to a more than one-week low of 3.675%.
The benchmark 10-year yield also fell to a one-week low and was last down 86 bps to 4.246%, its biggest one-day decline in three weeks.
Jackson Hole Fed Powell speech Live Updates: Powell sided towards inflation, Drew Matus
DREW MATUS, CHIEF MARKET STRATEGIST, METLIFE INVESTMENT MANAGEMENT, NEW JERSEY
"The takeaway from Powell's speech was (Christopher) Waller was right. I think he yielded on the inflation side of things. He said there's the possibility that inflation re-accelerates, but that's like the least likely outcome. That's effectively what Waller has been arguing, and acknowledging the rapid deterioration in the labor market, and rightly so, not claiming responsibility for it. They didn't know that's what the labor market looked like, and now the labor market looks really bad, and they have to acknowledge that."
"We have been expecting 25-bps in September. I think that's still the right call. I think that's what will make everyone happy, at least initially. But we do think this is just the first of a few cuts that we can expect over the next six months. By year end, we would expect there to be at least two cuts."
"People have been increasingly worried that we're kind of heading into a stagflationary story with slower growth and still sticky inflation. I think most people are generally confident that inflation is going to stick around for a little bit. And I think it's certainly in line with what Powell is suggesting he's expecting. So, the real question was, are we going to get growth or not? Unfortunately, the answer is, I think we're going to get some growth, but it's not going to feel great."
"The takeaway from Powell's speech was (Christopher) Waller was right. I think he yielded on the inflation side of things. He said there's the possibility that inflation re-accelerates, but that's like the least likely outcome. That's effectively what Waller has been arguing, and acknowledging the rapid deterioration in the labor market, and rightly so, not claiming responsibility for it. They didn't know that's what the labor market looked like, and now the labor market looks really bad, and they have to acknowledge that."
"We have been expecting 25-bps in September. I think that's still the right call. I think that's what will make everyone happy, at least initially. But we do think this is just the first of a few cuts that we can expect over the next six months. By year end, we would expect there to be at least two cuts."
"People have been increasingly worried that we're kind of heading into a stagflationary story with slower growth and still sticky inflation. I think most people are generally confident that inflation is going to stick around for a little bit. And I think it's certainly in line with what Powell is suggesting he's expecting. So, the real question was, are we going to get growth or not? Unfortunately, the answer is, I think we're going to get some growth, but it's not going to feel great."
Jackson Hole Fed Powell speech Live Updates: More dovish than expected, says Tom Graff
"Powell's Jackson Hole speech was more dovish than many expected. He explicitly said that the 'shifting balance of risks may warrant adjusting our policy stance'."
"Powell wouldn't say something this explicit unless a cut in September was almost assured. It would take a very big surprise in the data to prevent at least one cut."
"This tells us that Powell is quite confident that tariffs will be causing a one-off increase in prices. We saw in the CPI and PCE inflation reports that goods prices have started to rise. Powell is telling us that given the weakness in labor, he's willing to look past that."
"Given Powell's surprisingly dovish comments, it makes sense that both stocks and bonds are up significantly today. However, looking over the next couple months, rate cuts alone won't be enough to sustain strength in stocks. The rate cuts will have to 'work' in the sense that the economy regains momentum. If in fact the economy is stalling and the labor market continues to deteriorate, there are risks to this equity market rally."
"Powell wouldn't say something this explicit unless a cut in September was almost assured. It would take a very big surprise in the data to prevent at least one cut."
"This tells us that Powell is quite confident that tariffs will be causing a one-off increase in prices. We saw in the CPI and PCE inflation reports that goods prices have started to rise. Powell is telling us that given the weakness in labor, he's willing to look past that."
"Given Powell's surprisingly dovish comments, it makes sense that both stocks and bonds are up significantly today. However, looking over the next couple months, rate cuts alone won't be enough to sustain strength in stocks. The rate cuts will have to 'work' in the sense that the economy regains momentum. If in fact the economy is stalling and the labor market continues to deteriorate, there are risks to this equity market rally."
Apollo Hospitals’ Rs 1,489 crore block deal attracts marquee investors; T. Rowe Price, SocGen, Morgan Stanley lead buying
Apollo Hospitals Enterprise promoter Suneetha Reddy sold shares worth ₹1,489 crore through block deals on Friday, drawing robust demand from leading foreign and domestic investors.
Major buyers included Abu Dhabi Investment Authority, BNP Paribas Financial Markets, Copthall Mauritius Investment, Ghisallo Master Fund LP, Goldman Sachs (Singapore) Pte, Societe Generale, Morgan Stanley Asia Singapore Pte, along with multiple funds managed by US asset manager T. Rowe Price. Read More
Major buyers included Abu Dhabi Investment Authority, BNP Paribas Financial Markets, Copthall Mauritius Investment, Ghisallo Master Fund LP, Goldman Sachs (Singapore) Pte, Societe Generale, Morgan Stanley Asia Singapore Pte, along with multiple funds managed by US asset manager T. Rowe Price. Read More
US small caps, housing stocks rally as Powell opens door to rate cuts
Rate-sensitive stocks rallied on Friday after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table in September, citing a shifting balance of risks.
Traders now see a 90% chance of a rate cut next month compared with about 75% before Powell's remarks. Read more
Traders now see a 90% chance of a rate cut next month compared with about 75% before Powell's remarks. Read more
Apollo Hospitals’ Rs 1,489 crore block deal attracts marquee investors; T. Rowe Price, SocGen, Morgan Stanley lead buying
Apollo Hospitals Enterprise promoter Suneetha Reddy's Rs 1,489 crore worth stake sale on Friday via block deals generated strong response from top foreign and domestic investors.
Among the buyers were Abu Dhabi Investment Authority, BNP Paribas Financial Markets, Copthall Mauritius Investment Limited, Ghisallo Master Fund LP, Goldman Sachs (Singapore) Pte, Societe Generale, Morgan Stanley Asia Singapore Pte and a clutch of funds from the stable of US asset management firm T. Rowe Price.
Between them they bought Apollo Hospitals shares worth Rs 952 crore. Eight funds of T. Rowe Price together bought shares worth Rs 327.36 crore. Societe Generale was the next top buyer at Rs 258 crore while US-based Ghisallo shopped for shares worth Rs 180 crore. Morgan Stanley affiliate bought shares worth Rs 134 crore.
Among the buyers were Abu Dhabi Investment Authority, BNP Paribas Financial Markets, Copthall Mauritius Investment Limited, Ghisallo Master Fund LP, Goldman Sachs (Singapore) Pte, Societe Generale, Morgan Stanley Asia Singapore Pte and a clutch of funds from the stable of US asset management firm T. Rowe Price.
Between them they bought Apollo Hospitals shares worth Rs 952 crore. Eight funds of T. Rowe Price together bought shares worth Rs 327.36 crore. Societe Generale was the next top buyer at Rs 258 crore while US-based Ghisallo shopped for shares worth Rs 180 crore. Morgan Stanley affiliate bought shares worth Rs 134 crore.
Fed's Hammack, worried by inflation, disinclined to cut rates
Federal Reserve Bank of Cleveland President Beth Hammck said on CNBC on Friday that ongoing inflation worries suggest to her monetary policy should not be changed.
Hammack, interviewed on the sidelines of the Kansas City Fed's Jackson Hole, Wyoming. research conference, weighed in after Fed Chair Jerome Powell nodded toward the prospect of a September interest rate cut.
"For me, what the decision really comes down to is that inflation is too high," Hammack said, adding "we need to maintain a modestly restrictive stance of policy to get inflation back to target."
Hammack, interviewed on the sidelines of the Kansas City Fed's Jackson Hole, Wyoming. research conference, weighed in after Fed Chair Jerome Powell nodded toward the prospect of a September interest rate cut.
"For me, what the decision really comes down to is that inflation is too high," Hammack said, adding "we need to maintain a modestly restrictive stance of policy to get inflation back to target."
Jackson Hole Fed Powell speech Live Updates: Fed's Powell hints at early rate cut. Dow surges 870 points, Nasdaq 420; Cboe drops 12%
US stocks which surged higher on Friday ahead of Federal Reserve Chairman Jerome Powell's Jackson Hole speech extended their leads following the address after the Central Bank chief hinted at a likely rate cut soon in the wake of a shaky US job market.
All three major indices on Wall Street cheered the announcement, rising as high as 2% around 10:34 AM ET (8 pm India time). Nasdaq Composite was the top gainer, hitting the day's high of 21,523.23. Meanwhile, the Dow Jones Industrial Index surged 2% or 870 points to 45,654.63 while the S&P 500 Index climbed 1.6% to scale 6,469.61. Read more
All three major indices on Wall Street cheered the announcement, rising as high as 2% around 10:34 AM ET (8 pm India time). Nasdaq Composite was the top gainer, hitting the day's high of 21,523.23. Meanwhile, the Dow Jones Industrial Index surged 2% or 870 points to 45,654.63 while the S&P 500 Index climbed 1.6% to scale 6,469.61. Read more
Jackson Hole Fed Powell speech Live Updates: Treasury's No. 2 official Faulkender is leaving administration, Treasury says
U.S. Deputy Treasury Secretary Michael Faulkender is leaving the Trump administration less than five months after being confirmed by the Senate, the Treasury Department said.
Faulkender is the second Senate-confirmed official to leave the Treasury Department this month, following the departure of IRS Commissioner Billy Long, who said he was being tapped as ambassador to Iceland.
U.S. Treasury Secretary Scott Bessent thanked Faulkender for his work at the department but gave no reason for his departure.
Faulkender is the second Senate-confirmed official to leave the Treasury Department this month, following the departure of IRS Commissioner Billy Long, who said he was being tapped as ambassador to Iceland.
U.S. Treasury Secretary Scott Bessent thanked Faulkender for his work at the department but gave no reason for his departure.
Jackson Hole Fed Powell speech Live Updates: Small US stocks soar; homebuilders, travel cos surge
On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their need to borrow money to grow. The smaller stocks in the Russell 2000 index surged 3.8%.
Homebuilders jumped on hopes that easier interest rates could encourage more people to buy homes. Lennar, PulteGroup and D.R. Horton all rose at least 4.9%.
Travel companies, meanwhile, climbed amid hopes that easier interest rates could help U.S. households spend more. Norwegian Cruise Line rallied 6.4%, Delta Air Lines flew 6.2% higher and Caesars Entertainment rose 6%.
Shares of Nio, a Chinese electric-vehicle maker, that trade in the United States leaped 13.3% after it began pre-sales of its flagship premium SUV model, the ES8.
Nvidia rose 1.4% to trim its loss for the week. The company, whose chips are powering much of the world’s move in to artificial-intelligence technology, has seen its stock struggle recently amid criticism that it and other AI superstars shot too high, too fast and became too expensive.
Homebuilders jumped on hopes that easier interest rates could encourage more people to buy homes. Lennar, PulteGroup and D.R. Horton all rose at least 4.9%.
Travel companies, meanwhile, climbed amid hopes that easier interest rates could help U.S. households spend more. Norwegian Cruise Line rallied 6.4%, Delta Air Lines flew 6.2% higher and Caesars Entertainment rose 6%.
Shares of Nio, a Chinese electric-vehicle maker, that trade in the United States leaped 13.3% after it began pre-sales of its flagship premium SUV model, the ES8.
Nvidia rose 1.4% to trim its loss for the week. The company, whose chips are powering much of the world’s move in to artificial-intelligence technology, has seen its stock struggle recently amid criticism that it and other AI superstars shot too high, too fast and became too expensive.
Jackson Hole Fed Powell speech Live Updates: US Treasury yields tumble on rate cut hopes
Treasury yields tumbled in the bond market as bets nevertheless built that the Fed would cut its main interest rate in September. Traders see a a 91% chance of that, up from 75% a day earlier, according to data from CME Group.
The yield on the 10-year Treasury fell to 4.26% from 4.33% late Thursday. The two-year Treasury yield, which more closely tracks expectations for Fed action, sank to 3.69% from 3.79% in a notable move for the bond market.
The yield on the 10-year Treasury fell to 4.26% from 4.33% late Thursday. The two-year Treasury yield, which more closely tracks expectations for Fed action, sank to 3.69% from 3.79% in a notable move for the bond market.
Jackson Hole Fed Powell speech Live Updates: Powell says job market in "a curious kind of balance"
US Fed's Jerome Powell said he's seen risks rise for the job market. The Fed’s two jobs are to keep the job market healthy and to keep a lid on inflation, and it often has to prioritize one because it has just one tool to fix either. Helping one one by moving interest rates often means hurting the other.
But Powell also would not commit to any kind of timing. He said the job market looks OK at the moment, even if “it is a curious kind of balance” where fewer new workers are chasing after fewer new jobs. Inflation, meanwhile, still has the potential to push higher because of Trump’s tariffs.
But Powell also would not commit to any kind of timing. He said the job market looks OK at the moment, even if “it is a curious kind of balance” where fewer new workers are chasing after fewer new jobs. Inflation, meanwhile, still has the potential to push higher because of Trump’s tariffs.
Jackson Hole Fed Powell speech Live Updates: Wall Street sees rate cut boosting economy
The hope among investors had been that Powell would hint that the Fed's first cut to interest rates of the year may be imminent. Wall Street loves lower rates because they can give a boost to the economy and to investment prices, even if they risk worsening inflation at the same time.
Jackson Hole Fed Powell speech Live Updates: US stocks soar; Dow surges 800 points, Nasdaq up 2%
The Dow Jones surged 855.66 points or 1.91% to 45,641.16, the S&P 500 gained 101.02 points or 1.59% to 6,471.18, and the Nasdaq jumped 426.84 points or 2.02% to 21,527.15.
Sebi proposes changes to block deal framework
India's markets regulator on Friday proposed changes to the country's block deal framework, including raising the minimum order size for such trades.
The Securities and Exchange Board of India proposed to increase the minimum block deal size to 250 million rupees from the current 100 million rupees, according to a consultation paper published on its website. Read more
The Securities and Exchange Board of India proposed to increase the minimum block deal size to 250 million rupees from the current 100 million rupees, according to a consultation paper published on its website. Read more
Sebi planning incentives for funds houses to attract first-time women investors, chairman Tuhin Kanta Pandey says
India's markets regulator plans to propose additional financial incentives for distributors and fund houses to enroll first-time women investors, its chairperson said on Friday, in its latest bid to increase penetration of mutual fund products.
Women investors' assets under management (AUM) accounts for about 33% of individual investors' AUM as of March 2024, according to data from Association of Mutual Funds in India (AMFI). Read More
Women investors' assets under management (AUM) accounts for about 33% of individual investors' AUM as of March 2024, according to data from Association of Mutual Funds in India (AMFI). Read More
Jackson Hole Fed Powell speech Live Updates: US Fed chair leaves door open to rate cut as Trump steps up pressure
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, as he faced down President Donald Trump's intensifying pressure on the central bank.
Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time had come for interest rate cuts. This time, however, the picture is murkier.
He faces constant attacks from Trump -- who is aggressively pushing the independent bank for rate cuts -- alongside mixed economic data leading him to take a more cautious approach.
Powell warned Friday that the risks of higher inflation and a weakening jobs market add up to a "challenging situation."
Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time had come for interest rate cuts. This time, however, the picture is murkier.
He faces constant attacks from Trump -- who is aggressively pushing the independent bank for rate cuts -- alongside mixed economic data leading him to take a more cautious approach.
Powell warned Friday that the risks of higher inflation and a weakening jobs market add up to a "challenging situation."
Jackson Hole Fed Powell speech Live Updates: US-LISTED CRYPTO STOCKS CLIMB AFTER FED CHAIR POWELL'S SPEECH BOOSTS RATE CUT BETS
Jackson Hole Fed Powell speech Live Updates: Dow soars 700 pts, S&P, Nasdaq surge 1%
The Dow Jones surged 769.90 points, or 1.72%, to 45,555.40, while the S&P 500 gained 96.47 points, or 1.51%, to 6,466.63, and the Nasdaq jumped 389.96 points, or 1.85%, to 21,490.27 after US Fed chair Jerome Powell indicated rate cuts sooner amid inflation risks at his Jackson Hole symposium speech.
Jackson Hole Fed Powell speech Live Updates: Trump says he'll fire Fed's Cook if she doesn't resign
U.S. President Donald Trump on Friday said he would fire Federal Reserve Governor Lisa Cook if she doesn't resign.
"I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House. Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan and Georgia.
"I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House. Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan and Georgia.
Jackson Hole Fed Powell speech Live Updates: BLACKSTONE UP 3.3%, BLACKROCK UP 1.8%, KKR UP 3.1%, AND APOLLO UP 2.5%
Jackson Hole Fed Powell speech Live Updates: Dow soars 600 pts, S&P, Nasdaq surge 1% on hopes for lower interest rates
Wall Street is rallying on Friday after the head of the Federal Reserve indicated cuts to interest rates may be coming in a highly anticipated speech, though he gave no clear clue about when.
The S&P 500 jumped 1.3% and erased all of its loss for the week. It’s coming off its fifth straight modest loss after setting an all-time high last week. The Dow Jones Industrial Average was up 649 points, or 1.4%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 1.3% higher. Read more
The S&P 500 jumped 1.3% and erased all of its loss for the week. It’s coming off its fifth straight modest loss after setting an all-time high last week. The Dow Jones Industrial Average was up 649 points, or 1.4%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 1.3% higher. Read more
Jackson Hole Fed Powell speech Live Updates: Powell announces policy framework tweaks for changed economic landscape in Jackson Hole speech
Nodding toward significant changes in the economic landscape over the last five years, Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework for the U.S. central bank that reflects the return of higher inflation pressures and reduced prospect of near zero short-term interest rates.
Announcing the changes in a speech to be delivered to the Jackson Hole economic symposium in Wyoming, Powell said "there is a great deal of continuity with past statements" in the new framework. Read more
Announcing the changes in a speech to be delivered to the Jackson Hole economic symposium in Wyoming, Powell said "there is a great deal of continuity with past statements" in the new framework. Read more
Jackson Hole Fed Powell speech Live Updates: US yields extend fall as Fed's Powell alludes to September cut
U.S. Treasury yields dropped on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to it.
U.S. two-year yields, which are tied to the Fed's monetary policy, fell 9.4 basis points (bps) to 3.698%.
The benchmark 10-year yield fell 6.9 bps to 4.262% .
U.S. two-year yields, which are tied to the Fed's monetary policy, fell 9.4 basis points (bps) to 3.698%.
The benchmark 10-year yield fell 6.9 bps to 4.262% .
Jackson Hole Fed Powell speech Live Updates: Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
In a high-profile speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. That puts the Fed in a tough spot, because it would typically cut its short-term rate to boost hiring, while keeping it high — or raising it — to fight inflation.
“The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance,” Powell said in prepared remarks. That suggests the Fed will continue to evaluate jobs and inflation data as it decides whether to cut rates, including at its next meeting Sept. 16-17.
“Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” he added, a more direct sign that Powell is considering a rate cut than he has made in previous comments.
In a high-profile speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. That puts the Fed in a tough spot, because it would typically cut its short-term rate to boost hiring, while keeping it high — or raising it — to fight inflation.
“The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance,” Powell said in prepared remarks. That suggests the Fed will continue to evaluate jobs and inflation data as it decides whether to cut rates, including at its next meeting Sept. 16-17.
“Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” he added, a more direct sign that Powell is considering a rate cut than he has made in previous comments.
Jackson Hole Fed Powell speech Live Updates: US Fed chair leaves door open to interest rate cut in key speech
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a widely watched speech Friday, although he warned that risks of higher inflation and a weakening jobs market mean a "challenging situation."
"Downside risks to employment are rising," Powell said, according to a copy of his prepared remarks at the Jackson Hole Economic Policy Symposium.
"Downside risks to employment are rising," Powell said, according to a copy of his prepared remarks at the Jackson Hole Economic Policy Symposium.
Jackson Hole Fed Powell speech Live Updates: Traders boost bets on Fed rate cut after Powell says policy may need adjusting
Traders boosted bets on a Federal Reserve interest-rate cut next month after Fed Chair Jerome Powell said monetary policy may need adjusting given the shifting balance of risks.
Traders now put a nearly 90% probability on a Fed rate cut in September, versus about 75% before Powell's remarks.
Traders now put a nearly 90% probability on a Fed rate cut in September, versus about 75% before Powell's remarks.
Jackson Hole Fed Powell speech Live Updates: Fed Chair Powell warns of rising risk to US labor market
Jackson Hole Fed Powell speech Live Updates: US Fed chair Jerome Powell set to give Jackson Hole speech
Jackson Hole Fed Powell speech Live Updates: Powell’s Jackson Hole test to balance inflation, jobs & market jitters
Federal Reserve Chair Jerome Powell faces the delicate task of balancing inflation control with labor market support. With trading volumes thin in August, even small shifts in his Jackson Hole message could spark outsized market reactions.
Powell is under constant pressure from President Trump to cut rates, even as tariffs threaten to stoke inflation again. The situation has turned his final Jackson Hole appearance as Fed chief into a test of central bank independence. Read More
Powell is under constant pressure from President Trump to cut rates, even as tariffs threaten to stoke inflation again. The situation has turned his final Jackson Hole appearance as Fed chief into a test of central bank independence. Read More
US stocks open higher as all eyes on Jerome Powell's Jackson Hole speech
The Dow Jones Industrial Average rose 167.4 points, or 0.37%, at the open to 44952.88. The S&P 500 rose 14.4 points, or 0.23%, at the open to 6384.59, while the Nasdaq Composite rose 39.5 points, or 0.19%, to 21139.826 at the opening bell.
Under Trump pressure, US Fed chief Jerome Powell to walk tightrope in Jackson Hole speech
US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data.
The US central bank chair may have used his keynote speech at the Jackson Hole Economic Policy Symposium last year to indicate the time had come for interest rate cuts -- but analysts warn there is a murkier picture this time around. Read more
The US central bank chair may have used his keynote speech at the Jackson Hole Economic Policy Symposium last year to indicate the time had come for interest rate cuts -- but analysts warn there is a murkier picture this time around. Read more
Sebi issues advisory on social media entities touting FPI/FII market access; flags 5 misleading claims
With Pune-based finfluencer Avadhut Sathe under regulatory lens, market watchdog Securities and Exchange Board of India (Sebi) on Friday issued a fresh advisory, asking investors to exercise caution when dealing with social media messages, WhatsApp groups, Telegram channels, or apps claiming to offer stock market access through Foreign Portfolio Investors (FPIs) or Foreign Institutional Investors (FIIs).
These schemes are fraudulent and do not have Sebi’s endorsement, the advisory said, urging investors to be wary of claims made by individuals or entities.
These schemes are fraudulent and do not have Sebi’s endorsement, the advisory said, urging investors to be wary of claims made by individuals or entities.
Brigade Enterprises eyes Rs 11,200 cr revenue from land bank acquired in June quarter
Realty firm Brigade Enterprises Ltd expects a total of Rs 11,200 crore revenue from 10 million sq ft of land bank that the company has acquired during the June quarter, a top company official said.
Bengaluru-based Brigade Enterprises buys land outright and also enters joint development agreements with the landowners to develop real estate projects.
"During the past quarter, we added 10 million square feet to our land bank across markets with a potential gross development value of Rs 11,200 crore," the company's Executive Chairman M R Jaishankar told analysts during a conference call.
He noted that the company remain focused on Tier 1 markets of south India.
Bengaluru-based Brigade Enterprises buys land outright and also enters joint development agreements with the landowners to develop real estate projects.
"During the past quarter, we added 10 million square feet to our land bank across markets with a potential gross development value of Rs 11,200 crore," the company's Executive Chairman M R Jaishankar told analysts during a conference call.
He noted that the company remain focused on Tier 1 markets of south India.
Reliance Infra to monetise Pune-Satara toll road
Reliance Infrastructure Ltd is set to monetise its Pune-Satara Toll Road (PSTR) project, according to sources.
Cube Highways and Infrastructure III Pte Ltd, a Singapore-based company, will acquire a 100 per cent stake in PS Toll Road Pvt Ltd, the special purpose vehicle (SPV) that operates the project.
The transaction represents a significant milestone in Reliance Infrastructure's ongoing strategy to monetise non-core assets, enhance financial flexibility, and focus on long-term value creation.
The enterprise value for the PS Toll Road transaction is estimated at Rs 2,000 crore, sources with direct knowledge of the matter said.
As part of the transaction, Reliance Infra is expected to realise equity proceeds of Rs 600 crore.
Cube Highways and Infrastructure III Pte Ltd, a Singapore-based company, will acquire a 100 per cent stake in PS Toll Road Pvt Ltd, the special purpose vehicle (SPV) that operates the project.
The transaction represents a significant milestone in Reliance Infrastructure's ongoing strategy to monetise non-core assets, enhance financial flexibility, and focus on long-term value creation.
The enterprise value for the PS Toll Road transaction is estimated at Rs 2,000 crore, sources with direct knowledge of the matter said.
As part of the transaction, Reliance Infra is expected to realise equity proceeds of Rs 600 crore.
India 10-year bond yield logs biggest weekly spike since May 2022
Indian government bonds saw a sharp selloff this week, with the 10-year benchmark yield posting its biggest jump in over three years, as a proposed tax tweak stoked concerns of a higher fiscal burden and heavier debt supply.
The 10-year yield ended at 6.5510%, against 6.5278% on Thursday, its highest closing level since March 28.
The yield jumped 15 basis points this week and clocked its steepest weekly gain since the week ended May 4, 2022.
The 10-year yield ended at 6.5510%, against 6.5278% on Thursday, its highest closing level since March 28.
The yield jumped 15 basis points this week and clocked its steepest weekly gain since the week ended May 4, 2022.
Why is consumption preferred over capex in current market conditions? JPMorgan's Rajiv Batra explains
Rajiv Batra, Head of Asia & Co-Head of Global Emerging Markets Equity Strategy, Chief India & ASEAN Equity Strategist, JPMorgan, says amidst a global growth slowdown led by the US, the focus shifts towards domestic demand in India and other Asian emerging markets. Read more
Edelweiss Mutual Fund ropes in WestBridge with Rs 450 crore deal for 15% stake
Rs 32,000 crore FII selloff in 8 sectors! Time for a U-turn now?
Foreign institutional investors (FIIs) withdrew Rs 31,889 crore from eight key sectors of Indian equities in the first half of August, led by financials and IT stocks, as U.S. tariff concerns and lackluster June quarter earnings drove overseas funds to the sidelines. Read more
2 top stock recommendations from CA Rudramurthy BV
"Apart from geopolitical tensions, the Trump tariff issue, and a slightly disappointing results season this quarter, if these external factors improve and earnings pick up in the coming quarter, along with more liquidity coming in, I am confident this market will reach all-time highs very soon," says CA Rudramurthy BV, MD, Vachana Investments. Read more
UBS Securities bets on 3 cement stocks with up to 25% upside potential
UBS Securities has highlighted Ambuja Cement, UltraTech Cement, and Dalmia Bharat as its top stock selections in the Indian cement sector, underscoring their significant potential to benefit from a rebound in demand, lower input costs, and continued structural reforms in the industry. Read more
Jackson Hole Symposium: Jerome Powell's speech date and time
Global markets, including India, turned cautious ahead of Fed Chair Jerome Powell’s address at the Jackson Hole Symposium on August 22. This will be his eighth and final speech at the event before his term ends in May 2026. Investors await cues for the Fed’s September 16–17 policy meet. Powell speaks at 10 am EDT (7:30 pm IST), live on the Fed’s YouTube channel.
TVS-owned Norton Motorcycle establishes new Indian subsidiary
Forex News | Indian Rupee falls 22 paise to close at 87.27 per US dollar
Closing Bell: Top gainers and losers in today's trade
Price as on 03.36.12 PM, Click on company names for their live prices.
Closing Bell: BSE market statistics
Closing Bell: Sensex heatmap
Closing Bell: Nifty below 24,900
Closing Bell: Sensex breaks 6-day winning streak, tanks 694 pts
Sensex Today | Stock Market LIVE Updates: Reliance Infra to sell Pune Satara Toll Road in Rs 2,000 crore deal: Sources
Sensex Today | Stock Market LIVE Updates: NSE market statistics
Sensex Today | Stock Market LIVE Updates: Sensex drops over 700 pts
Sensex Today | Stock Market LIVE Updates: Nifty sectoral indices
Stock Market LIVE Updates: Foreign direct investment in China slides 13.4% from January-July year-on-year
Foreign direct investment in China totalled 467.3 billion yuan ($65.10 billion) from January to July this year, down 13.4% from the same period last year, the commerce ministry said on Friday
Sensex Today | Stock Market LIVE Updates: AB Cotspin India shares hit 52 week low in today's trade
Price as on 02.52.46 PM, Click on company names for their live prices.
Stock Market LIVE Updates: Shanghai stock benchmark reclaims 3,800 for first time in decade on tech boost
- Chinese stocks surged to a fresh decade-high on Friday, as renewed optimism over domestic artificial intelligence added more fuel to the liquidity-driven rally.
- The Shanghai Composite Index closed up 1.5% to 3,825.76, the highest level since August 2015
- The blue-chip CSI300 Index jumped 2.1% to a new 10-month high. The tech-focused Star50 index was up 8.6%.
- Hong Kong's benchmark Hang Seng Index closed up 0.9%, recouping earlier losses in the week to register a third consecutive weekly gain.
Sensex Today | Stock Market LIVE Updates: 11 Small-Cap Stocks With Over 15% RoE for 3 Years; 2 Turned Multibaggers in FY26
In the volatile small-cap space, consistency in RoE signals strong profitability and efficient capital use. As per ACE Equity data, 151 small-cap companies maintained RoE above 15% for three consecutive years till FY25. Of these, 78 have already delivered double-digit returns in FY26. Read more
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Price as on 02.40.00 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex drops over 650 pts
Sensex Today | Stock Market LIVE Updates: Gold rates in physical markets
- Delhi: 22K – Rs 58,128/8g, 24K – Rs 62,024/8g
- Mumbai: 22K – Rs 57,096/8g, 24K – Rs 60,928/8g
- Chennai: 22K – Rs 56,800/8g, 24K – Rs 60,552/8g
- Hyderabad: 22K – Rs 60,552/8g, 24K – Rs 60,592/8g
Sensex Today | Gold prices slip by Rs 200 to trade at Rs 99,235/10g ahead of Jerome Powell’s speech. Should you buy the dip?
- Gold October futures fell 0.2% to Rs 99,235/10g; silver September contracts down 0.17% to Rs 1,13,515/kg, ahead of Fed Chair Powell’s Jackson Hole speech.
- Both metals show high volatility after U.S. jobless claims surged to 2,35,000.
- Gold support: Rs 99,100–98,650; resistance: Rs 99,720–1,00,100. Silver support: Rs 1,13,000–1,12,200; resistance: Rs 1,14,400–1,15,115.
- Trade strategy: Buy dips in gold and silver; stop loss Rs 98,660 for gold, monitor resistance levels for rallies.
Sensex Today | Stock Market LIVE Updates: Sensex drops over 600 pts
Sensex Today | Reliance Power shares soar over 17% in a week. What fueled the surge and what should investors do?
- Reliance Power surged 17% on new Bhutan JV, expanding clean energy footprint.
- Renewable pipeline: 3 GW solar, 3.5 GWh battery storage.
- Technicals bullish: RSI 48, MACD buy signal, support 46–47, resistance 53–71.
- Analysts advise cautious optimism, upside to Rs 60–71, stop loss at Rs 41.
Price as on 02.25.00 PM, Click on company names for their live prices.
Sensex Today | B30 locations continues to be inclined towards equity mutual funds : ICRA Analytics
- In July 2025, B30 locations contributed 18% of mutual fund assets, rising from Rs 13.80 trillion in June to Rs 14.20 trillion, a 3% increase, with yearly growth of 21%.
- B30 investors preferred equities (76.55%), followed by debt (11.82%) and balanced schemes (9.18%), while T30 locations allocated 31.47% to debt.
- Individual investors accounted for 27.45% of B30 assets versus 4.79% for institutions; institutional investments remain concentrated in T30 cities (95.21%).
- Direct investments represented 26.92% of retail assets, with Non-Associate Distributors contributing 65.69%, and HNIs directly invested 28.61%.
Sensex Today | Vodafone Idea shares zoom 9% on reports of AGR relief package from Govt
- Vodafone Idea (Vi) shares surged 9.3% to Rs 7.17 after reports of a potential PMO-led relief package addressing AGR dues.
- The Department of Telecommunication (DoT) proposed options including moratorium extension, flexible repayment timelines, and potential waivers on penalties and interest.
- Vi faces massive AGR-related dues of ~Rs 83,400 crore, with annual obligations of ~Rs 18,000 crore from March 2025.
- CEO Akshaya Moondra emphasized the company’s survival depends on securing funding amid restricted access to conventional banking channels.
Price as on 02.15.00 PM, Click on company names for their live prices.
Sensex Today | Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs
- Apollo Micro Systems shares jumped 15.4% to Rs 236.45, marking a new 52-week high after winning Rs 25.12 crore orders from DRDO and Defence PSUs.
- The deal underscores the growing focus on indigenous defence manufacturing and strengthening India’s self-reliance in defence technology.
- Defence sector attention rises amid large procurements like 97 LCA Tejas Mark 1A jets worth Rs 62,000 crore.
- Apollo’s stock has surged 116.65% over the past year, with 90.34% year-to-date and 24.95% in the past month.
Price as on 02.10.00 PM, Click on company names for their live prices.
Stock Market LIVE Updates | Japan's 30-year yields hit all-time high ahead of Powell's speech
- Japanese 10-year government bond yields hit a 17-year high at 1.615%, tracking rising U.S. Treasury yields ahead of Powell’s Jackson Hole speech.
- 20-year and 30-year JGB yields rose to 2.655% and 3.20%, with long-term bonds under pressure due to political uncertainty.
- Benchmark 10-year JGB futures fell to 137.42 yen, reflecting higher yields as bond prices declined.
- U.S. Treasury yields climbed, and market bets on a September Fed rate cut eased, keeping global rates elevated.
Stock Market LIVE Updates | UK two-year gilt yields hit highest since June 9 after hot inflation data
- British two-year government bond yields rose to 3.999%, the highest since June 9, reflecting rate speculation.
- Yields climbed about three basis points as bond prices fell.
- UK inflation hit 3.8% YoY in July, delaying expected Bank of England rate cuts.
- Investors currently price in a potential BoE rate cut by April 2026.
Sensex Today | Stock Market LIVE Updates: Market Stats: Advance-decline ratio in favour of sellers
Stock Market LIVE Updates | European shares edge lower ahead of Powell's speech
- European shares dipped on Friday as investors awaited Fed Chair Powell’s speech for policy direction, with STOXX 600 down 0.1% but on track for a third weekly gain.
- Germany’s DAX fell 0.2% after Q2 GDP contracted 0.3%, with weaker-than-expected industrial production.
- EU seeks reduced U.S. tariffs on cars, wine, and spirits following a trade deal.
- AkzoNobel surged 4.3% after activist Cevian Capital acquired a 3% stake.
Sensex Today | Edelweiss Mutual Fund ropes in WestBridge with Rs 450 crore deal for 15% stake
- Edelweiss MF partners with WestBridge Capital, which invests Rs 450 crore for a 15% stake, valuing the AMC at Rs 3,000 crore.
- The deal values the business at 57x FY25 earnings, aligned with industry benchmarks, pending SEBI and CCI approvals.
- Edelweiss MF’s AUM grew to Rs 1,52,200 crore by June 2025, with equity AUM up 53%, ranking it 13th among Indian MFs.
- WestBridge’s strategic support aims to accelerate growth amid rising financialization of savings in India.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Price as on 01.41.46 PM, Click on company names for their live prices.
Stock Market LIVE Updates: Japanese shares rise as higher yields buoy banks, weak yen lifts autos
- The broad Topix index ended the day 0.6% higher at 3,100,87, snapping a three-day losing run.
- The more tech-heavy Nikkei managed just a 0.05% rise to 42,633.29, with declines for heavyweights Fast Retailing and Advantest weighing on the overall index.
- The benchmark 10-year Japanese government bond yield rose to a 17-year peak.
- The yen weakened to a three-week trough of 148.77 per dollar , boosting the value of overseas revenues at Japanese car makers and other exporters.
Sensex Today | Stock Market LIVE Updates: India's Nazara Tech says PokerBaazi operator halts money-based online games
India's Nazara Tech said on Friday its associate firm, Moonshine Technologies, which operates PokerBaazi and other card-based platforms, has ceased offering online games played with money.
Commodities Market Updates | Iron ore falls for second straight week as China steel output rises despite soft demand
Iron ore futures eased on Friday, extending weekly losses to a second straight week, as rising steel production in China despite sluggish demand pressured steel margins and iron ore input costs.
Forex Updates
Global Currencies Update
(Source: Bloomberg)
(Last updated on on Aug 22, 2025, 12:59 PM)
- The Bloomberg Dollar Spot Index was little changed
- The euro was little changed at $1.1595
- The Japanese yen was little changed at 148.46 per dollar
- The offshore yuan was little changed at 7.1837 per dollar
- The British pound was little changed at $1.3405
(Source: Bloomberg)
(Last updated on on Aug 22, 2025, 12:59 PM)
Stock Market LIVE Updates: Sebi recommends capping intraday equity index derivatives at Rs 1,500 cr: Sources
Commodities Market Updates | Crude oil futures gain on spot demand
- Crude oil prices on Friday rose Rs 16 to Rs 5,579 per barrel in futures trade as participants increased their positions following a firm spot demand.
- On the Multi Commodity Exchange, crude oil for September delivery traded higher Rs 16 or 0.29 per cent at Rs 5,579 per barrel in 13,135 lots.
- Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
Commodities Market Updates | Aluminium futures rise on fresh bets
- Aluminium prices on Friday rose 30 paise to Rs 251.80 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market.
- On the Multi Commodity Exchange, aluminium for delivery in September increased 30 paise or 0.12 per cent to Rs 251.80 per kg in 1,909 lots.
- Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Price as on 12.58.54 PM, Click on company names for their live prices.
Stock Market LIVE Updates: Fed officials divided ahead of Powell’s Jackson Hole Speech
Federal Reserve officials appeared cautious about a September rate cut as investors awaited Chair Jerome Powell’s keynote speech at the annual Jackson Hole symposium. Read more
Commodities Market Updates | Copper futures decline on weak demand
- Copper futures on Friday fell 90 paise to Rs 883 per kilogram as participants reduced their positions amid muted demand in the domestic market.
- On the Multi Commodity Exchange, copper contracts for September delivery eased 90 paise or 0.1 per cent to Rs 883 per kilogram in a business turnover of 5,360 lots.
- Analysts attributed the decline in copper prices to lower bets by participants.
Commodities Market Updates | Zinc futures remain flat on subdued demand
- Zinc prices on Friday were flat at Rs 266.65 per kilogram in futures trade as traders kept to the sidelines.
- On the Multi Commodity Exchange, zinc contracts for September delivery traded unchanged at Rs 266.65 per kg in a business turnover 1,689 lots.
- Marketmen said subdued demand from consuming industries kept zinc prices steady in the futures trade.
Sensex Today | Stock Market LIVE Updates: Oriental Rail Infra shares rise nearly 3% after its subsidiary wins railway order worth Rs 60 cr
The company’s wholly owned unlisted subsidiary, M/s. Oriental Foundry Private Limited (OFPL), has received a Letter of Acceptance (LoA) from the Ministry of Railways, Government of India, for the manufacture and supply of Constant Side Bearers (CCSB) for BG Bogie Wagons. The order, awarded against a Railway tender, is valued at approximately Rs. 60 crores.
Price as on 12.31.37 PM, Click on company names for their live prices.
Cryptocurrency Updates | Bitcoin drops 8% in August to $113K as markets await Powell’s Jackson Hole speech
Sensex Today | Stock Market LIVE Updates: Morgan Stanley invests Rs 26 crore in Goldiam International
Global investment giant Morgan Stanley Asia (Singapore) has invested a significant Rs 26.30 crore (Rs 26,29,99,770) in Goldiam International, a company riding the growth wave of the burgeoning Lab-Grown Diamonds (LGDs) sector. The stock has even given an impressive 188% return to its investors in the last 2 years.
Sensex Today | Stock Market LIVE Updates: Who is Avadhut Sathe, the Bollywood-style trading guru now under Sebi lens?
Pune-based finfluencer Avadhut Sathe, who has reportedly come under the Securities and Exchange Board of India’s scanner after a search at his Karjat academy this week, is known as much for his trading lessons as for the unique way he delivers them, breaking into dance mid-lecture, pointing at charts on giant screens, and urging students to join him on stage. Read more
Sensex Today | Stock Market LIVE Updates: Knowledge Marine shares jump nearly 3% as co wins Rs 7 cr order
Price as on 12.04.56 PM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs
Price as on 11.55.27 AM, Click on company names for their live prices.
Stock Market LIVE Updates: Australia's S&P/ASX 200 index closed 0.6% lower at 8,967.40 points
Sensex Today | Stock Market LIVE Updates: Nazara Tech shares tumble 18% in 3 sessions on gaming bill jitters; what should investors do now?
Nazara Technologies has plunged 18.25% over the past three trading sessions, touching a low of Rs 1,145.55 on the BSE today. The sharp decline comes amid investor concerns over the government’s fresh online gaming regulations, which triggered heavy selling. The steep drop now raises the question: is the correction likely to deepen further, or could it present a buying opportunity for long-term investors? Read more
Price as on 11.41.32 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Key stocks that hit 52 week high
Price as on 11.34.57 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Nifty media rally over 1%; checkout the top gainers
Price as on 11.26.32 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Price as on 11.18.32 AM, Click on company names for their live prices.
Bonds Market LIVE Updates: India bonds drop as fiscal fears intensify, debt supply hurts
Indian government bonds fell in early trade on Friday, led by the benchmark, as fiscal slippage fears deepened and traders braced for heavy supply at the weekly debt auction. Read more
Bonds Market LIVE Updates: Japan's 10-year yields hit 17-year peak ahead of Powell speech
Japanese 10-year government bond yields surged to a 17-year high, mirroring a rise in U.S. Treasury yields as investors awaited Federal Reserve Chair Jerome Powell's speech at Jackson Hole. Market players are reacting to purchasing managers surveys indicating increased U.S. business activity and hiring. Read more
Stock Market LIVE Updates: Sebi proposes regulation of grey market for unlisted companies to enhance price discovery and tax revenue
The Securities and Exchange Board of India (Sebi) is looking to regulate the grey or parallel market, where shares of unlisted companies such as NSE, Chennai Super Kings, Cochin International Airport and Mohan Meakins are traded unofficially. Read more
Sensex Today | Stock Market LIVE Updates: Consumption theme based mutual funds offer up to 18% return in 6 months
Consumption-focused mutual funds have generated an average return of 12.28% over the past six months, with the top performers delivering gains of up to 18% during the same period. Currently, about 19 schemes in this category have been active in the market for the last six months. Read more
Sensex Today | Stock Market LIVE Updates: Apollo Hospital shares fall marginally over large stake sale via block deal
Price as on 10.43.46 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Nifty sectoral indices
Sensex Today | Stock Market LIVE Updates: Sensex drops over 550 pts
Sensex Today | Stock Market LIVE Updates: Top movers so far
Price as on 10.23.31 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Eternal shares rise marginally as parent sets up new subsidiary Blinkit Foods
Price as on 10.16.33 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: BSE shares rise despite Independent Director resigns due to potential conflict of interest
Price as on 10.10.25 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers in opening trade
Price as on 09.59.37 AM, Click on company names for their live prices.
Commodities Market LIVE Updates: Gold edges down on stronger dollar, Powell's remarks in focus
- Gold prices edged lower on Friday on a stronger dollar while investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium that could offer fresh clues on the monetary policy path.
- Spot gold edged down 0.2% to $3,333.01 per ounce by 0353 GMT. U.S. gold futures for December delivery fell 0.2% to $3,376.
- The U.S. dollar index hovered near a two-week high, making gold less attractive to overseas buyers.
Sensex Today | Stock Market LIVE Updates: Mini Diamonds (India) Limited shares rise as company expands jewellery portfolio with 3,750 new designs
Price as on 09.50.00 AM, Click on company names for their live prices.
Indian equities ended mixed, as investors turned to profit booking after a recent rally and concerns over the premium valuation due to the subdued end of Q1 earnings. Country's record-high composite PMI in August, reflects strong expansion in both manufacturing and services, particularly in business activity, may provide stability in the near term. Investors remain cautious ahead of the upcoming Jackson Hole symposium on Friday, and rising domestic bond yields due to fiscal concerns surrounding GST rationalization.
- Vinod Nair, Head of Research at Geojit Investments
Sensex Today | Stock Market LIVE Updates: Titagarh Rail Systems shares jump 3% followed by a fall over Rs 467 cr order win from GRSE
Price as on 09.41.06 AM, Click on company names for their live prices.
Sensex Today | Stock Market LIVE Updates: Sensex drops over 400 pts
Forex News | Rupee declines 8 paise to 87.33 against US dollar in early trade
Sensex Today | Stock Market LIVE Updates: Nifty falls below 25,000
Sensex Today | Stock Market LIVE Updates | Positive Breakout: These 8 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on August 21, 2025, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. Read more
Sensex Today | Stock Market LIVE Updates: Wipro shares rise after $375 mn acquisition of HARMAN’s digital transformation solutions business
Price as on 09.20.17 AM, Click on company names for their live prices.
Opening Bell: Sensex drops over 150 pts, Nifty below 25,100; ICICI Bank, UltraTech top laggards
Sensex Today | Stock Market LIVE Updates | Pre-open Cues
Sensex drops 50 pts in pre-open session, Nifty below 25,100.
Sensex Today | Stock Market LIVE Updates: Sebi plans to increase tenure, maturity of equity derivatives
SEBI is exploring an extension of the tenure and maturity of equity derivative contracts to support better hedging and long-term investment, Chairman Tuhin Kanta Pandey said. The initiative is aimed at deepening the cash equities market—the core of capital formation—while emphasizing the need for risk awareness and suitability among investors. The regulator has invited stakeholder feedback to adopt a calibrated approach.
Stock Market LIVE Updates | Apollo Hospitals sees Rs 1,489 crore stake sale via block deal
Apollo Hospitals' shares were offloaded in a block deal worth Rs 1,489 crore ($170.5 million), exchange data showed on Friday. 18.97 lakh shares (1.32% eq) change hands at Rs 7,850/sh.
Sensex Today | Stock Market LIVE Updates: Can betting on last year's losers lead to higher stock market returns?
A study by DSP Mutual Fund highlights the benefits of a contrarian investment strategy, showing that buying the previous year’s losing index delivers stronger returns than chasing recent winners. From October 2009 to June 2025, contrarian investors earned an average return of 15.9%, compared with 12.5% for performance chasers. Over the same period, the Nifty 500 delivered 13% returns.
Sensex Today | Stock Market LIVE Updates | Apollo Hospitals Large Trade
18.97 lakh shares (1.32% eq) worth Rs 1,489 cr change hands at Rs 7,850/sh in block deal window
Sensex Today | Stock Market LIVE Updates: GMR Energy raises Rs 1,600 crore through high-yield debt
GMR Energy has raised ₹1,600 crore via high-yield debt at 14.85%, drawing investors such as Allianz Global and Trust. The proceeds will be used to refinance existing borrowings and support intra-group lending. Meanwhile, GMR Group is set to raise its stake in GMR Energy to nearly 99% by acquiring shares from Tenaga Nasional and Temasek, paving the way to make it a fully owned subsidiary.
Sensex Today | Stock Market LIVE Updates: RBI defends 4% inflation target, seeks views on possible tweaks
The Reserve Bank of India is reviewing its inflation targeting framework, introduced in 2016, and has invited stakeholder feedback on possible changes. While reaffirming the effectiveness of the 4% target, the RBI is considering alternatives such as using core inflation as a benchmark and revisiting the tolerance band. The review is aimed at strengthening macroeconomic stability in the face of evolving global challenges.
Sensex Today | Stock Market LIVE Updates: Indian bonds see historic tightening of credit spreads amidst rating upgrade
Overseas demand for Indian bonds remains strong, with credit spreads at record lows following S&P’s rating upgrade. Bonds of Exim Bank and Reliance Industries are seeing solid performance, supported by the strong credit quality of Indian companies. Market experts note that cheaper rupee funding and attractive overseas loan rates are shaping bond market activity, while most Indian firms face only limited overseas repayment obligations.
US Market LIVE Updates: Wall Street closes down as investors brace for Powell's speech
Wall Street closed lower as investors braced for potentially hawkish comments from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. Sentiment was further pressured by fading hopes of near-term rate cuts and Walmart’s weaker-than-expected quarterly results. Traders trimmed bets on a September cut, while consumer staples lagged, led by a sharp drop in Walmart shares.
Sensex Today | Stock Market LIVE Updates: Gold holds steady as traders await Powell's Jackson Hole speech
Gold prices held steady as investors awaited cues from Jerome Powell’s speech at the Jackson Hole symposium. The strength of the U.S. dollar weighed on the metal’s appeal for overseas buyers, while Fed officials’ cautious stance signaled hesitation over a rate cut. Markets looked for clarity on policy direction as U.S. jobless claims rose, highlighting labor market softness, even as Vladimir Putin pressed for concessions from Ukraine.
Sensex Today | Stock Market LIVE Updates: Currencies tread with caution ahead of Powell's speech
The U.S. dollar remained steady ahead of Federal Reserve Chair Jerome Powell’s speech, which is expected to provide cues on near-term interest rates. Earlier optimism for rate cuts, spurred by a weak jobs report, has eased following cautious remarks from policymakers. Current market pricing reflects a 75% probability of a September rate cut.
Sensex Today | Stock Market LIVE Updates: Oil prices set to snap two-week losing streak as peace in Ukraine remains elusive
Oil prices held steady on Friday but were set to break a two-week losing streak, as fading prospects for an immediate Russia-Ukraine peace deal lifted the risk premium in the market.
Global Market LIVE Updates: Asian stocks in tight range as rate cut bets pared
Asian equities traded mixed as US stocks and bonds retreated amid fading hopes of near-term Federal Reserve rate cuts. Investor focus now shifts to Jerome Powell’s upcoming address at the Jackson Hole symposium for cues on future policy direction. Meanwhile, reports suggest the US Justice Department may launch an investigation into Fed Governor Lisa Cook.
Sensex Today | Stock Market LIVE Updates: Stocks in news: Apollo Hospitals, Vedanta, Wipro, HUL, NTPC Green
Markets traded flat on the weekly expiry day, ending largely unchanged amid mixed signals. In today’s session, stocks such as Apollo Hospitals, Vedanta, Wipro, HUL, and NTPC Green are likely to remain in focus on the back of key news-driven developments.
GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX traded lower by 27.5 points, or 0.11 per cent, at 25,094, signaling that Dalal Street was headed for a negative start on Friday.
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market closed higher on Thursday, extending its winning streak to six sessions, driven by optimism over a potential Goods and Services Tax (GST) cut, gains in the financial sector following a proposal to exempt insurance premiums from tax, and a boost from Reliance Industries. Read more
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Thursday
Indian benchmark indices Sensex and Nifty climbed on Thursday, marking their sixth consecutive session of gains. The rally was fueled by optimism over a potential Goods and Services Tax (GST) cut, strength in the financial sector following a proposal to exempt insurance premiums from tax, and a boost from Reliance Industries’ strong performance. Read more
