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Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…
Source: Live Mint Stocks to buy: Ahead of the US Fed meeting scheduled next week, market experts are expecting an aggressive interest rate cut announcement, which may spurt strong buying in rate-sensitive stocks like IT, banking, real estate, auto, etc. As most IT stocks are available at a discounted price, experts are betting high on…
Source: Live Mint INR vs USD: The Indian rupee has remained range-bound despite a weakening US dollar and favourable global factors, including declining crude oil prices and strong foreign institutional inflows (FII) into the Indian stock market. The US dollar index slipped to multi-month lows of around 101 level from a three-month high of 106.00,…
Source: Live Mint Gold rate today: After three weeks of consolidation, gold prices moved decisively upwards last week and touched a new peak of $2,583 per ounce in the spot market. During Friday’s session, Comex’s gold price touched a new high of $2,611.60 per troy ounce. While climbing to this new peak, the yellow metal…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 13 2024 | 8:00 PM IST Government bond yields fell on Friday amid rising expectations of a significant rate cut by the US Federal Reserve next week, said dealers. The probability of a 50 basis point rate cut by the US…
Source: Live Mint Gold prices witnessed significant gains in the morning trade in the domestic futures market on Friday, September 13, tracking positive global cues and weakness in the US dollar. The yellow metal jumped to record highs in international markets as the dollar lost steam driven by optimism for a US Fed interest rate…
Source: Live Mint Expert view: Pramod Gubbi, the co-founder of Marcellus Investment Managers, believes the valuation of Nifty 50 is high but not out of balance. In an interview with Mint, Gubbi discussed the long-term opportunities and the impact of the US Fed rate cut on the Indian stock market. Edited excerpts: Does this market…
Source: Live Mint US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that…
Source: Live Mint Gold rate today: After inching close to the record high of $2,531 per ounce, gold prices witnessed sharp selling last week and ended below the psychological $2,500 per ounce mark. COMEX gold price finished at $2,526 per troy ounce, whereas spot gold price ended at $2,497 per ounce. On the Multi Commodity…
