November Market Review: Nifty 50 records 2nd month of decline, FPI outflows moderate; IT stocks outperform | Stock Market News

November Market Review: Nifty 50 records 2nd month of decline, FPI outflows moderate; IT stocks outperform | Stock Market News

Source: Live Mint The Nifty 50 fluctuated widely in November, driven by concerns over stretched valuations, weak performance by Indian Inc in Q2 and persistent selloffs by foreign investors, causing the index to oscillate consistently between gains and losses. The uncertainty was further exacerbated by global economic headwinds, including rising tensions between Russia and Ukraine,…

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Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying PFC, PNB tomorrow – December 2 | Stock Market News

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying PFC, PNB tomorrow – December 2 | Stock Market News

Source: Live Mint Stock Market News: On Friday, the last trading session of the week, the domestic benchmark indices, Nifty 50 and Sensex, showed positive movement, marking a step forward for the Indian stock market. Despite the volatility experienced over the past few weeks, which has been influenced by factors such as fund outflows, lower-than-expected…

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Another 5-10% correction likely before market stabilises, says Abhijit Bhave of Equirus Wealth | Stock Market News

Another 5-10% correction likely before market stabilises, says Abhijit Bhave of Equirus Wealth | Stock Market News

Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…

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Gold prices rebound, rise over  ₹1,600 in two days: Is there still a buying opportunity? | Stock Market News

Gold prices rebound, rise over ₹1,600 in two days: Is there still a buying opportunity? | Stock Market News

Source: Live Mint After experiencing a sharp correction following Donald Trump’s election victory, gold prices are beginning to show signs of recovery. Over the last two trading sessions, gold prices have surged by as much as ₹1,639 per 10 grams. This resurgence is primarily attributed to a pause in the dollar index’s relentless rally, which…

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US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy | Stock Market News

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy | Stock Market News

Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…

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Gold, silver prices jump over 4% in October on safe-haven demand, 3rd straight month of gains | Stock Market News

Gold, silver prices jump over 4% in October on safe-haven demand, 3rd straight month of gains | Stock Market News

Source: Live Mint Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for…

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Rate cut at this stage very premature & risky, says RBI Governor Shaktikanta Das | Stock Market News

Rate cut at this stage very premature & risky, says RBI Governor Shaktikanta Das | Stock Market News

Source: Live Mint India’s central bank Governor Shaktikanta Das said an interest rate cut at this stage would be “very premature” and risky.  While inflation is expected to moderate, there are “significant risks” to the outlook, Das told Bloomberg News Deputy Editor-in-Chief Reto Gregori at the India Credit Forum in Mumbai on Friday. He added…

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