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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: Business Standard The dollar index, which measures the U.S. currency against major rivals, slipped 0.2% to 102.31. 4 min read Last Updated : Oct 08 2024 | 4:11 PM IST The dollar eased from near seven-week highs against major currencies on Tuesday after investors assessed the outlook for U.S. rate cuts, even as…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
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 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: Business Standard The trader expects the rupee to drift lower to 83.75, the middle of its recent trading range, over the next few sessions (Photo: Shutterstock) 2 min read Last Updated : Sep 26 2024 | 9:48 AM IST The Indian rupee is expected to struggle on Thursday after it was unable to…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, reached all-time highs and recorded weekly gains following a substantial interest rate cut by the US Federal Reserve earlier in the week, which stimulated investor risk appetite in global markets. The Nifty 50 climbed 1.48% to 25,790.95, while 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 Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the benchmark Nifty 50 and Sensex indices to fresh highs. To be sure, part of the ₹14,000 crore provisional buying by foreign institutional investors on Friday was due to index…
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…
