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Major stock indexes gained sharply on Monday with investors looking forward to quarterly earnings reports from big U.S. companies this week, while U.S. Treasury yields edged lower ahead of upcoming U.S.-China trade discussions.
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India’s stock exchanges are shifting the Diwali Muhurat Trading window to an afternoon slot for the first time in decades, marking the start of Samvat 2082. This auspicious one-hour session, traditionally held in the evening, aims to blend tradition with operational efficiency.
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The dollar edged higher against the yen on Monday as investors shifted their focus to political developments in Japan and the euro area, while U.S. credit risk concerns lingered.
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Asian stocks rose on Tuesday as the prospect of easing trade tensions between the world’s top two economies boosted risk sentiment, while the near-certainty of Sanae Takaichi becoming Japan’s next prime minister sent the Nikkei to a record high.
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Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal.
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Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world’s top two oil consumers, even as President Donald Trump said he expected to reach a trade deal.
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European shares closed higher on Monday, as initial concerns over the stability of the U.S. banking sector eased, while fresh comments from U.S. President Donald Trump helped calm trade tensions, encouraging investors to move toward riskier assets.
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Benchmark indices Sensex and Nifty delivered subdued returns in the one-, three-, and six-month periods since Muhurat trading 2024. Banks outperformed, while midcap and smallcap indices lagged sharply.
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Indian markets are poised for a positive October, according to Pradeep Gupta of Anand Rathi Group. Despite global headwinds, domestic demand, supportive monetary conditions, and tax changes are expected to drive an upward trend. Financials and consumer demand sectors are particularly well-placed. Investors can look forward to a potentially strong festive season.
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Indian markets are showing strong upward movement. Analysts suggest a potential consolidation before further gains. Several companies are in focus today. PNB faces a credit loss framework impact. Zee partners for baseball broadcasts. REC reported a profit rise. HDFC Bank sees no layoffs from AI. Jindal Steel is in talks for its steel business. JSW...
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