Economic data also released on Wednesday revealed that U.S. job openings fell less than expected in November, though a survey from the Institute for Supply Management (ISM) showed that U.S. manufacturing activity contracted again in December.
The bounceback followed two days of steep declines to start off 2023 as investors worry about a potential global recession and the short-term economic signs in the world#39;s two biggest oil consumers, the United States and China, appear shaky.
The Caixin/SP Global services purchasing managers#39; index (PMI) rose to 48.0 in December from 46.7 in November, but remained below the 50-point mark, which indicates contraction in activity, for a fourth straight month.
Especially, midcap schemes are more likely to add these stocks in their portfolio to adhere to the regulator’s mandate of holding at least 65% of the assets in the midcap universe
“Visa processing is recovering faster than projected and over the coming year, we expect to reach pre-pandemic processing levels,” State Department spokesperson Ned Price told reporters at his daily news conference.
“Visa processing is recovering faster than projected and over the coming year, we expect to reach pre-pandemic processing levels,” State Department spokesperson Ned Price told reporters at his daily news conference.
Sun TV Network is expected to be giving a breakdown of a wedge like pattern on the daily timeframe after seven months with decent volumes and the supertrend indicator is also indicating a downwards move which can be used as a confluence towards the bearish view.
Antony Blinken, along with Defense Secretary Lloyd Austin, is expected to travel to India early this year for the 2 2 dialogue with their respective Indian counterparts — External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh.
ABB India has remained resilient amid the market sell off on Wednesday. Besides, the price has been taking support around the 200-DMA (day moving average), suggesting a possibility of recovery over the short term.