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Source: Live Mint IT stocks to buy: Amid ease in the US inflation concerns after the US CPI data released on Thursday last week, the market expects a US Fed rate cut announcement in the Federal Reserve’s meeting scheduled next month. As these developments are expected to pressure the US dollar (USD) rates, the Indian…
Source: Live Mint Gold rate today: The release of the US CPI data significantly impacted gold prices, leading to a continued rally on Friday last week. The MCX gold rate closed higher at ₹76,307 per 10 gm, while the spot gold price surged over one per cent to $2,657.26 per ounce. The COMEX gold price…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Thursday following a rally in global markets. Asian markets traded higher, while the US stock market ended with strong gains overnight, with the S&P 500 and the Dow Jones reaching record closing highs. On…
Source: Live Mint The Indian stock market experienced a significant downturn on Thursday, 3 October, influenced by several key factors, including escalating tensions in the Middle East that have heightened geopolitical concerns and increased investor caution. Further, the release of US private employment data on Wednesday supported the view that the Federal Reserve does not…
Source: Live Mint Both gold and equities are shining bright in fiscal 2025 (FY25), with each asset class enjoying a strong performance this year. Nifty 50 has gained about 16 per cent, while spot gold prices in India have climbed over 12 per cent in FY25 so far. Durable economic growth, easing inflation, increased retail…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open on a cautious note on Tuesday following mixed cues from global peers after hawkish comments from the US Federal Reserve Chairman Jerome Powell. Asian markets traded mixed, while the US stock market ended higher with the…
Source: Live Mint Gold price today: Gold rates rose in the domestic futures market Monday morning, with investors’ focus shifting to the US Fed Chair Jerome Powell’s comments and geopolitical developments in the Middle East. MCX Gold traded 0.30 per cent higher at ₹75,945 per 10 grams around 9:45 am. Gold prices have seen healthy…
Source: Live Mint The US Federal Reserve’s unexpected 50 bps rate cut and its shift in policy are boosting the emerging markets. After the event, it was highly expected to do so in anticipation of an influx of FII inflows. There is courtesy of the dollar to depreciate and EMs currency to appreciate as the…
Source: Live Mint The Indian stock market closed September on a remarkably positive note after picking up an invincible bullish rally largely driven by strong global cues. As the new month begins, investors will closely monitor key market triggers such as domestic and global macroeconomic data, auto sales data, second-quarter corporate updates, market watchdog’s board…
Source: Live Mint Stock to buy on Monday: After the US Fed rate cut by 50 bps, the Indian stock market experts predicted the end of the high interest rate regime in the Indian economy as well. They believe the Reserve Bank of India (RBI) may announce an interest rate cut in its upcoming RBI…
