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Fears of a trade war, rising rock oil costs, bond yields let alone a troubled domestic industry dragged the sentiment across the road.        There appears to be no relief on the road as a result of a bunch of triggers like world sell-off amid fears of a trade war, rising rock oil costs, bond yields and a troubled domestic industry. Uncertainty round the political state of affairs within the country superimposed to the woes, and together dragged the sentiment across the road. If all this wasn't enough, rising Libor rates is another larger worry than a hawkish Federal Reserve System. PSU bank index nose-dived 7.2%, Metals index plunged 6 June 1944, whereas Bank neat was down 3.2%, Midcap one hundred index was down third, drug company index fell by 2.6%, machine index was down 2%; more, IT index fell by 1.2%, Energy index was down 1.2% and FMCG index marginally lose 0.5 a p.c. Meanwhile, the commercialism market was in action as Bandhan Bank, San...

The nine-year stretch of rising stock prices won’t last forever. So now’s a good time for investors to bear-proof their 401(k)s before the next financial storm. USA TODAY Guarding against irrational exuberance is critical right now. That’s because the stock market’s strong recovery from its early February drop has fooled investors into thinking the bull market is invincible. It’s true the bounce-back has pushed several market averages to new all-time highs, notably the NASDAQ Composite and the Russell 2000 index. To be sure, the large-cap dominated Standard & Poor’s 500 is not back to its January high, even though it has recovered nearly half of its losses from the early-year “correction,” or drop of 10%. This revival has encouraged investors to take on too much risk. They will regret it the next time the market declines. And, sooner or late, it inevitably declines. Irrational exuberance, a phrase that has come to mean out-of-control prices for stocks, is on full disp...

Spot gold had fallen 0.2 percent to $1,222.65 per ounce by 0104 GMT. It has dropped 1.5 percent this week and could be heading for its biggest weekly decline since early May. Gold prices inched down early on Friday to hover around their lowest in nearly two months, with investors waiting for key U.S. non-farm payrolls data later in the day. FUNDAMENTALS Spot gold had fallen 0.2 percent to $1,222.65 per ounce by 0104 GMT. It has dropped 1.5 percent this week and could be heading for its biggest weekly decline since early May. U.S. gold futures for August delivery declined 0.1 percent to $1,222.40 per ounce. The dollar was steady in early Asian trade on Friday, on track for weekly gains but likely to tread water throughout the day as investors braced for the monthly U.S. employment numbers. U.S. private employers hired fewer workers than expected in June and applications for unemployment benefits last week increased for a third straight week, pointing to some loss of momen...