Indian markets opened lower today. US stocks declined as Treasury yields climbed. Manufacturing data revealed tariff impacts. Investors are keenly watching the Federal Reserve’s upcoming policy meeting. A rate cut is widely expected. The Fed’s decision will guide market direction. Investors await key inflation data. This will shape future economic outlook.Read More
Gold prices dipped slightly in early Asian trading after reaching a six-week high, as investors took profits ahead of key Federal Reserve remarks and economic data. Market participants are closely watching for interest rate cut cues, with U.S. rate futures indicating a high probability of a December reduction.Read More
The U.S. dollar weakened on Tuesday. Manufacturing data from the U.S. showed contraction. This is increasing pressure on the Federal Reserve to cut interest rates. Traders are now expecting a rate cut at the December meeting. Global bond markets saw a selloff. The yen strengthened against the dollar. The euro and sterling held steady.Read More
India’s Q2 GDP growth of 8.2% initially propelled Nifty and Sensex to record highs, but selling pressure in pharma and financial stocks led to a decline. Technical analysts suggest a close above 26,300 is crucial for renewed bullish momentum. Several stocks like ITC, Voltas, and Bajaj Housing Finance are in focus due to specific news...Read More
Oil prices edged higher for a second day, influenced by Ukrainian drone strikes on Russian energy sites and escalating U.S.-Venezuela tensions. The Caspian Pipeline Consortium resumed some shipments after a drone attack, while analysts anticipate continued market volatility due to the ongoing conflict. Meanwhile, OPEC+ confirmed a modest output increase for December, but fears of...Read More
Nuvama has reiterated its Buy rating on Eureka Forbes Ltd and raised its target price to ₹780 from ₹750, implying a 19% upside from the current market price of ₹652.Read More
Silver prices surged by ₹10,000 to ₹1.74 lakh per kg, driven by a supply squeeze, a weaker dollar, and anticipated US rate cuts. This rally follows a significant increase over the past year, with investment demand projected to rise. Experts foresee continued supply deficits and further price appreciation for the white metal.Read More
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