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Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, extended their rally for the third consecutive week, ending December 6 with their largest weekly gains in six months. The uptrend was driven by positive momentum in global markets and an RBI policy announcement that aligned with market expectations. The Sensex jumped…
Source: Live Mint Stock market today: Domestic equity benchmarks Sensex and Nifty 50 posted their best session since early June on Friday, November 22, snapping a two-week losing streak. Easing worries about credit risks from exposure to Adani Group stocks lifted heavyweight financials. Market heavyweights Reliance Industries, Infosys, and Tata Consultancy Services (TCS) also lifted…
Source: Live Mint Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Despite this external immunity, domestic economic growth has been cyclically slowing. Goldman Sachs projects India’s GDP growth…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are seeing extreme market volatility led by rising geopolitical tensions in the Middle East, a bumper 50 bps interest rate cut by the US Federal Reserve and the outcome of state elections in India. Brokerage firm PL Capital stated that the Nifty 50 is…
Source: Live Mint The corporate earnings for the second quarter of FY25 are expected to be muted with high sector divergence, and the stock market volatility will continue in the near future, analysts said. While Materials, Energy, and Financials are likely to drag the aggregate net profit growth of Nifty to 5%, other sectors are…
