[ad_1] Given the short week and the monthly expiry of futures, market experts anticipate some volatility, but the Nifty 50, as per analysts, would probably consolidate at higher levels. Furthermore, investors would be busy during this truncated week with US GDP data, other important economic data, and the opening of one mainboard IPO and a few SME IPOs. Also Read: Holi 2014 to Holi 2024: Nifty 50 zooms over…
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[ad_1] Domestic equity benchmarks traded volatile – witnessing a roller-coaster move amid mixed cues last week before closing the week in positive territory by gaining nearly half a per cent. Initially, prices declined to a five-week low amid escalating concerns about froth building in the midcap and smallcap segments. The pressure on select heavyweights pushed the index lower in the middle. Also Read: FPIs pump ₹38,098 crore in Indian…
Read More »[ad_1] Brent crude futures for May were down 68 cents, or 0.8 per cent, to $85.27 per barrel after dropping by 1.6 per cent on Wednesday. US West Texas Intermediate futures for May were down 69 cents, or 0.9 per cent, to $80.58 per barrel after a fall of about 1.8 per cent in the previous session, according to Reuters. Coming to domestic prices, crude oil futures were trading…
Read More »[ad_1] Maruti Suzuki, Nestle India, Power Grid, and SBI were among the stocks that were on spotlight today. These stocks had positive bias in today’s trading session, while the top laggards were Tata Steel, Tata Motors, Axis Bank, HDFC Bank, HUL, JSW Steel, and HCL Tech. Also Read: Stock market today: Sensex, Nifty 50 eke out gains ahead of US Fed meet outcome Investors pay close attention to the US Federal…
Read More »[ad_1] Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, closed the day lower on Tuesday, mirroring unfavourable global cues, further dragged by information technology (IT) firms that are quite sensitive to the US Federal Reserve’s (US Fed) commentary and interest rate decision. The recent scepticism in the Indian market was prompted by the Bank of Japan’s decision to raise interest rates for the first…
Read More »[ad_1] For nearly a year, the world has eagerly awaited clear indications of rate cuts from the Fed, yet the central bank has consistently emphasized the possibility of prolonged higher rates. There are no expectations of a cut at this juncture but hopes are alive that the Fed will go for a cut in June this year. Meanwhile, inflation remains above the Fed’s 2 per cent target. The US…
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