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Source: Live Mint Gold Prices Today: The yellow metal declined in global markets on Friday, December 13, after bullion hit a more than five-week high in the previous session and as the US dollar gained, but prices were on track for a weekly gain, driven by expectations of an interest rate cut by the US…
Source: Live Mint Although US CPI inflation recorded its sharpest increase in seven months, it aligned with forecasts and did not disrupt expectations of a 25 bps rate cut by the US Federal Reserve next week. However, the November inflation data highlighted that the Fed still faces significant challenges in bringing inflation below its 2…
Source: Live Mint Stock market today: Thanks to gains in shares of select heavyweights, including Infosys and Bajaj Finance, Indian stock market benchmark Nifty 50 snapped its three-day losing run to end in the green with mild gains on Wednesday, December 11. While the Indian stock market ended in the green, it traded choppy today…
Source: Live Mint The Indian stock market’s sentiment turned positive after logging its best week in the last six months, driven by the Reserve Bank of India (RBI)’s liquidity boost and the return of foreign capital inflow just before year-end. In the second week of December, investors will closely monitor key market triggers, including domestic…
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…
Source: Live Mint The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
Source: Live Mint Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Indian benchmark indices, which tracked global peers to rally by over 1% each…
Source: Live Mint The Indian market closed on a lower note for the week on Friday, dragged down by auto and banking stocks. While pharma and metal stocks offered some support, it wasn’t enough to push the indices higher. As a result, the Nifty 50 fell by 0.14%, ending below the 25,000 mark for the…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 7:00 PM IST Benchmark indices fell on Friday as higher-than-expected US inflation muddled the outlook for rate cuts in the US. The Sensex ended the session at 81,381, with a decline of 230 points, or 0.3 per cent, while the Nifty50…
Source: Live Mint The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking….
