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Source: Live Mint As the world awaits the US Fed Meeting Outcome, the precious yellow metal Gold hit a fresh all-time high at ₹83,750 per 10 grams in Delhi on Wednesday, January 29. According to the All India Sarafa Association, cited by the news agency PTI, this new high is attributed to heavy buying from…
Source: Live Mint Fed widely expected to cut rates by 25 bps on Wednesday Some investors brace for “hawkish cut,” with Fed suggesting pause in easing cycle S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone NEW YORK, Dec 13 (Reuters) – A banner year for U.S. stocks gets one…
Source: Live Mint Concerns over escalating tensions in the Middle East weighed heavily on the Indian market this week, driving the benchmark equity indices lower for the fifth consecutive session on Friday, 4 October. Both the Sensex and the Nifty clocked significant losses in Friday’s trading session. The Nifty 50 closed 0.81% lower at 25,014…
Source: Business Standard Share market today, October 04, 2024: Benchmarks Sensex and Nifty50 are set for a shaky opening on October 04, 2024, amid escalating geopolitical tensions in the Middle East. The fallout from Israel’s airstrikes on central Beirut, which resulted in at least six fatalities, has left investors anxious as the region…
Source: Live Mint The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties. While the cuts are focused on the US, their impact is already resonating across global markets and India is well-positioned to capitalise on them. The Fed’s decision could unlock new opportunities for…
Source: Live Mint Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the benchmark Nifty 50 and Sensex indices to fresh highs. To be sure, part of the ₹14,000 crore provisional buying by foreign institutional investors on Friday was due to index…
Source: Business Standard Sensex, Nifty fly high: Benchmark indices – Sensex and Nifty 50 – witnessed a strong rally on Friday, September 20, 2024 on the back of a 50 bps rate cut by the Federal Reserve on September 18. The Sensex rallied 1,509.6 points intraday, hitting a fresh record high of 84,694.5 levels….
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 7:30 AM IST Share market today: Domestic benchmark indices– Sensex and Nifty– are likely to open in green tracking positive global cues. The indices hit new record highs in the previous session after the US Federal Reserve cut interest rates by…
Source: Business Standard 3 min read Last Updated : Sep 19 2024 | 10:34 AM IST IT stocks shine: Information technology (IT) stocks were buzzing in trade on Thursday, September 19, 2024, with some shares rising by as much as 4 per cent during intraday trading. The Nifty IT index climbed 1.80 per…
Source: Live Mint In a bold move, the US Federal Reserve kick-started its monetary policy easing cycle with a 50 basis point (bps) interest rate cut, bringing the Fed funds target range to 4.75-5%. The market was widely anticipating a 25 bps rate cut (one basis point is 0.01%). While delivering this surprise, Fed chair…
