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Source: Live Mint The Indian stock market has picked up an invincible rally since the US Federal Reserve delivered its supersized interest rate cut by 50 basis points (bps) last week. The Nifty 50 has hit new highs in every session since the rate cut boosted investors’ global risk appetite, while the Sensex topped the…
Source: Live Mint Bitcoin stood out as it surged to one-month highs on Monday, continuing its rally following last week’s substantial rate cut by the Federal Reserve. Meanwhile, the yen fell further in markets that were quieter due to a Japanese holiday. By 12:27 pm IST, Bitcoin had climbed 1.3% to $63,703, and Ethereum had…
Source: Live Mint In the past month, the global equity market had exhibited volatility and mixed performance leading towards the pivotal FOMC decision of September 18. It was highly anticipated that the Fed would break its hawkish policy started since early 2022 and shift to an accommodative monetary policy by initiating a 25bps cut. The…
Source: Live Mint The Indian stock market registered an exceptional week, achieving historic record highs largely driven by a 50-basis-point (bps) rate cut by the US Federal Reserve, showing no significant concerns about the US economy. In the last week of September, investors will closely monitor key market triggers such as domestic and global macroeconomic…
Source: Live Mint Gold rate today: After an aggressive US Fed rate cut of 50 bps, gold price witnessed a sharp upside rally last week as the US dollar rates came under pressure after this US Fed meeting outcome. Spot gold price peaked at 2,625 per troy ounce before the market closed on Friday. On…
Source: Live Mint Gold rate today: Gold price rose in early trade in the domestic futures market Friday morning, tracking gains in international markets as investors digest the bumper 50 bps US Fed rate cut and expect the rate-reduction cycle to continue for the next two years. to co Read Full Article
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 19 2024 | 10:38 PM IST Investment strategy after US Fed’s rate cut: The US Federal Reserve’s jumbo rate cut of 50 basis points — a first since early 2020 — triggered volatility across various asset classes. The US equities, for…
Source: Business Standard 4 min read Last Updated : Sep 19 2024 | 2:19 PM IST Broader market indices– Nifty MidCap 100 and Smallcap 100— plunged over 1 per cent and nearly 2 per cent respectively in the afternoon deals. The fall comes after the US Federal Reserve cut 50 basis points (bps) interest rate…
Source: Live Mint The Indian market’s response to the US Federal Reserve’s significant rate cut on Wednesday was relatively subdued compared to its global and Asian counterparts. Instead of celebrating the move, Indian investors opted to book profits during Thursday’s trade, resulting in only modest gains for the front-line indices. The trading day started on…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
