Gold remained steady on Friday, poised for its seventh consecutive weekly gain, driven by expectations of further U.S. interest rate cuts and concerns over a government shutdown. The precious metal, a traditional safe haven, touched an all-time high on Thursday. Markets anticipate a significant Fed rate cut this month, bolstering gold’s appeal.Read More
Larger banks with established capital markets divisions, such as ICICI Securities and SBI Capital Markets, will be better placed than mid-sized lenders. For financing deals, banks will need to develop a more nuanced assessment than steady-state projections of financial statements.Read More
Consumption and financial services stocks are in focus due to recent GST boosts and RBI policy changes. Analysts highlight several stocks, including United Spirits, Aditya Birla Capital, and Axis Bank, which saw above-average rollovers to the October series. Based on technical and derivatives data, experts recommend fresh long positions and anticipate potential northward moves for these scrips.Read More
Chipmakers’ market value increased. Investors sought artificial intelligence exposure. Tech stocks reached new highs. OpenAI deals and Intel talks fueled this market. Korean chip stocks gained. European chip equipment makers also advanced. Investors showed fear of missing out. Valuations rose, nearing record levels. This rally reflects a scramble for AI technology.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.