Bank of Canada cuts benchmark rate by 25 basis points

Bank of Canada cuts benchmark rate by 25 basis points

Source: Live Mint TORONTO, Jan 29 (Reuters) – The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage. MARKET REACTION: LINK: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/ COMMENTS ANDREW KELVIN, HEAD OF CANADIAN…

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Stock market today: Nifty 50, Sensex rally for 2nd day, gain nearly 1% each; smallcaps rebound sharply | Stock Market News

Stock market today: Nifty 50, Sensex rally for 2nd day, gain nearly 1% each; smallcaps rebound sharply | Stock Market News

Source: Live Mint Stock Market Today: Indian markets closed higher for the second consecutive trading session on Wednesday, January 29, driven by strong buying in IT and banking stocks. Additionally, value buying in the broader market contributed to the positive momentum.  The Nifty 50 ended 213.50points higher, or with a 0.93% gain, at 23,170, while…

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Budget 2025: Can fiscal moves spark stock market optimism? Hemant Majethia of Ventura Securities weighs in | Stock Market News

Budget 2025: Can fiscal moves spark stock market optimism? Hemant Majethia of Ventura Securities weighs in | Stock Market News

Source: Live Mint PSU banks, oil refining, Infrastructure EPC and power are among the key sectors to watch out for amid the current geopolitical and macroeconomic environment, according to Hemant Majethia, CEO & Co-Founder of Ventura Securities. In an interview with Livemint, Majethia shares his insights on Budget 2025 expectations, market valuations, and investment opportunities…

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Ambuja Cement Q3 Results: Net profit soars 242% YoY to  ₹1,758 crore, total income up 28% | Stock Market News

Ambuja Cement Q3 Results: Net profit soars 242% YoY to ₹1,758 crore, total income up 28% | Stock Market News

Source: Live Mint Adani Group stock Ambuja Cement announced its December quarter results on Wednesday, January 29, 2025. The cement company posted a net profit of ₹1,758.03 crore, soaring multifold, over 242 percent as against ₹513.68 crore in the same period last year. Sequentially as well, the profit surged 251 percent from ₹500.66 crore in…

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