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Source: Live Mint Stocks to buy for the long term: The Indian stock market has seen impressive gains this year despite headwinds such as elevated rates, geopolitical tensions, and concerns over a global economic slowdown. As of September 19, the Sensex has gained 15 per cent this year, while the Nifty 50 has gained 17…
Source: Business Standard The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. Puneet Wadhwa caught up with CHRISTOPHER WOOD, global head of equity strategy at Jefferies in New Delhi on his interpretation of the Fed’s move, its implications for global…
Source: Business Standard To be sure, Modi stocks are still on pace to outperform the nation’s main equity indexes for the fourth straight year | Photo: Bloomberg 3 min read Last Updated : Sep 18 2024 | 8:43 AM IST By Chiranjivi Chakraborty Investors in India are shunning stocks that were expected…
Source: Live Mint The US Federal Reserve reduced its benchmark interest rate by 50 basis points, marking the first decrease since 2020, as the central bank started to unwind the restrictive policies it had put in place to address inflation. The Federal Reserve’s benchmark policy rate has remained in the 5.25%-5.50% range for 14 months….
Source: Business Standard 5 min read Last Updated : Sep 18 2024 | 7:10 AM IST Stocks To Watch, Wednesday, September 18, 2024: Indian benchmark equity indices were most likley to start on a flat to positive note on Wednesday, as indicated by GIFT Nifty futures, ahead of crucial policy rate decisions by the…
Source: Live Mint Shares of DCX Systems rose 5 percent, reaching the upper circuit limit of ₹345 on September 17, following the announcement that its subsidiary received an industrial license from the Cochin Special Economic Zone (CSEZ) to manufacture and test microwave submodules, as well as avionics and defense electronic equipment. The newly obtained license…
Source: Live Mint Indian stock market: The Indian market saw another day of consolidation on Tuesday, with traders staying cautious ahead of the Federal Reserve’s upcoming policy meeting. On Wednesday, the Fed is anticipated to announce its first rate cut since 2020. The Nifty 50 closed the session with a 0.14% rise at 25,418 points,…
Source: Live Mint Small-cap stock Krishival Foods jumped over 4 per cent in intraday trade on NSE on Tuesday, September 17, a day after the company announced it acquired a 52.94 per cent stake in Melt ‘N’ Mellow Foods Private Limited. Krishival Foods share price opened at ₹312 against its previous close of ₹302.45 and…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 8:50 AM IST The Canara Robeco Consumer Trends Fund, launched in September 2009, has demonstrated remarkable performance over the past 15 years. A monthly SIP of Rs. 10,000 invested in the fund has grown to Rs 84.81 lakh, delivering an annualized…
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 7:16 AM IST Stocks To Watch, Tuesday, September 17, 2024: Markets in India were likely to operate in cosolidation mode with a positive bias on Tuesday, ahead of crucial policy announcements by the US Federal Reserve scheduled for Wednesday. …
