Indian equity markets scaled new highs in the month of September on the back of 50 bps rate cut by the US Federal Reserve, boosting the sentiments of investors that the easing cycle is here to stay. The markets clocked gains in three out of four weeks during the month. Benchmark Sensex rose 1.22% in … Read more
Indian Railway Finance Corporation Share Price 161.43 04:01 PM | 20 Sep 2024 6.19(3.99%) Suzlon Energy Share Price 83.45 03:59 PM | 20 Sep 2024 2.49(3.07%) Indian Renewable Energy Development Agency Share Price 232.37 03:59 PM | 20 Sep 2024 2.37(1.03%) Tata Motors Share Price 970.85 03:59 PM | 20 Sep 2024 3.86(0.4%) YES Bank … Read more
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the most volatile periods of the year for equity markets. The benchmark S&P 500 this week hit its first closing all-time high in two months after … Read more
“Historically, a cut of this size certainly triggers some discussion about whether it is triggered by current economic weakness or a desire to not be behind the curve,” says Cameron Brandt, EPFR Global. First things first, how is it that one should be reading into this outsized rate cut by the Fed? I mean, is … Read more
Wall Street traders betting the Federal Reserve will be able to engineer a soft landing spurred a rally in riskier corners of the market, with stocks hitting all-time highs. The S&P 500 climbed 1.7% — notching its 39th record in 2024 and extending this year’s surge to about 20%. Tech led gains, while defensive industries … Read more
“One is that the companies which are high growth or where people are more confident about the growth, though the valuations may be on a higher side, I think those stories will continue to participate,” says Hemang Jani, Independent Market Expert. Now that the rate cut cycle has officially begun, what do you think are … Read more
The US Fed appears to be behind the curve in terms of rate cut and hence, we are witnessing uneasiness and choppiness in the markets which could continue to sway either way till clarity emerges, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One warns and advises investors to trade with caution. … Read more
Foreign Portfolio Investors (FPIs) invested a total of Rs 9,642 crores in equity through exchanges and an additional Rs 1,388 crores in the ‘primary market and others’ category in early September. The FPIs showed strong interest in the Indian market, reflecting its resilience amid global uncertainties. “The latest jobs data in the US indicates slowing … Read more
NEW YORK: U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 losing ground led by … Read more
U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome Powell solidified expectations that the central bank will cut its key policy rate in September. In highly anticipated comments before the Jackson Hole Economic Symposium, Powell said “the time has come” to lower the Fed funds target rate, and “the upside … Read more
