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These stocks’ 50-day SMA crossed below their 200-day SMAs on March 17.
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Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal Reserve’s policy meeting, anticipating a potentially more hawkish stance on future monetary easing. While inflation data met expectations, mixed economic signals are keeping markets on edge.
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Oil prices held steady Tuesday after a dip, with traders watching Ukraine peace talks and a key US interest rate decision. Brent crude hovered around $62.47 and WTI at $58.84. Developments in the Ukraine conflict and potential shifts in Russian oil sanctions are key drivers, alongside the Federal Reserve’s anticipated rate cut. Analysts foresee market...
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Indian markets mirrored global trends as Wall Street closed lower, with investors anxiously awaiting the Federal Reserve’s policy update. Hopes for a December rate cut persist, but uncertainty surrounds future moves. Treasury yields climbed, impacting equities. Paramount’s bid for Warner Bros. Discovery and tech sector performance also captured attention.
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Indian indices experienced significant losses, with the Sensex and Nifty both tumbling on Monday. Factors like INR-USD movement, FII flows, and secondary market liquidity are expected to shape the near-term market trajectory. The India VIX also saw a notable rise, indicating increased market fear.
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Markets opened the week with a nearly 1% loss, erasing Friday’s gains and casting doubt on the recent recovery. Key support at 25,800 is crucial; a breach could lead to deeper consolidation. Siemens, IndiGo, Piramal Finance, M&M, and Torrent Power are in focus due to significant corporate developments.
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Asian shares dipped Tuesday as traders grew anxious about the Federal Reserve’s future easing pace following an anticipated rate cut. US stock futures edged higher, while gold, silver, copper, and oil remained steady after Monday’s declines. Beijing prioritized strengthening domestic demand for 2026, hinting at a measured stimulus approach.
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