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Source: Live Mint Wall Street Today: Wall Street’s main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve’s projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The stock market indices logged one of the worst Fed days on…
Source: Live Mint The Indian stock market witnessed a sharp rebound despite volatility and logged its fourth consecutive weekly gain – the longest such streak since July end, driven by a combination of improving global and domestic sentiments. In the third week of December, investors will closely monitor key market triggers, including US Fed interest…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
Source: Live Mint The Indian stock market faced selling pressure throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The challenges compelled the frontline indices to enter the bear market just a few days before Diwali 2024. However, the Muhurat Trading session, which kicked off Vikram Samvat 2081,…
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 International crude oil prices reversed their gains picked after the US Federal Reserve’s supersized interest rate cut and dropped over three per cent on Thursday, September 26, on a media report that Saudi Arabia, the world’s top crude exporter, will give up its price target in preparation for raising output. Brent crude…
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….
