“One is that companies that have high growth or where people have more confidence in growth, even though the valuations may be higher, I think those stories will still be engaged,” he says. Breathe JaniIndependent market expert. Now that the Reduction of rates The cycle has officially started, what do you think are the sectors … Read more
October gold futures contracts as well as December silver futures contracts on MCX opened unchanged today after the US. Federal Reserve The government reduced the interest rates by 50 basis points. The former stood at Rs 72,916 per 10 grams, down 0.19 per cent or Rs 139, while the latter stood at Rs 88,375/kg, up … Read more
Indian Railway Finance Corporation Share Price 158.56 16:00 hours | September 18, 2024 -2.04(-1.28%) One97 Communications Share Price 671.45 15:59 | September 18, 2024 7.06(1.07%) YES Bank Share Price 23.32 16:00 hours | September 18, 2024 -0.08(-0.35%) ITC Share Price 507.35 16:12 | September 18, 2024 -0.4(-0.08%) HDFC Bank Share Price 1694.8 16:08 | September … Read more
Gold It struggled to gain momentum on Thursday as market participants digested Federal Reserve Chair Jerome PowellTrump’s comments came after the US central bank implemented a large rate cut. BASICS * Spot gold was trading virtually unchanged at $2,558.00 an ounce at 0033 GMT. Bullion rose to a record high of $2,599.92 on Wednesday before … Read more
A closely held company Shapoorji Pallonji group entity, Goswami Infrastructure (GIPL), has requested a three-month extension of its bondholdersincluding Cerberus, Deutsche Bank and Davidson Kempner, for coupon payments of Rs 14,300 crore High Yield Bonds until the end of this year, two banking sources told ET. On the other hand, the company has also urged … Read more
A lesser-known listed company with a market value of ₹703 crore caught the attention of market participants on Wednesday after announcing an investment in the food and grocery delivery giant that is preparing to go public. Antics. In a presentation to the Stock Exchange, Modern insulators disclosed that it had acquired 1.38 lakh shares of … Read more
Oil prices Treasuries fell in Asian trading on Thursday after a stronger-than-expected Federal Reserve decision. interest rate cut raised concerns about the US Economy. Brent crude oil futures for November fell 34 cents, or 0.46%, to $73.31 a barrel at 0015 GMT, while WTI crude oil futures By October, it fell to $70.49 per barrel, … Read more
US stocks The Federal Reserve on Wednesday cut interest rates by half a percentage point, ending its rate-hiking cycle that began in 2022. Federal Reserve “lowered its overnight lending rate to a range of 4.75%–5% from 5.25%–5.5%.” “Recent indicators suggest that economic activity has continued to expand at a solid pace. Job creation has slowed … Read more
Gold prices rose to a record high on Wednesday after United States Federal Reserve cut interest rates by 50 basis points, causing the dollar to fall. Gold spot Gold rose 0.9% to $2,592.39 an ounce by 14:17 ET (1817 GMT). U.S. gold futures closed up 0.2% at $2,598.60. “Gold is up to record highs, but … Read more
Indian Railway Finance Corporation Share Price 158.56 16:00 hours | September 18, 2024 -2.04(-1.28%) One97 Communications Share Price 671.45 15:59 | September 18, 2024 7.06(1.07%) YES Bank Share Price 23.32 16:00 hours | September 18, 2024 -0.08(-0.35%) ITC Share Price 507.35 16:12 | September 18, 2024 -0.4(-0.08%) HDFC Bank Share Price 1694.8 16:08 | September … Read more
