Gold Technical Forecast: In the near term, and According to the 4-hour chart, some unconfirmed bearish divergences hint at a potential correction. Technical indicators pulled back from their recent highs with neutral-to-bearish slopes, supporting a near-term retracement. At the same time, Gold (Yellow Metal) keeps developing above bullish moving averages, with the 20 SMA accelerating north above the longer ones and acting as dynamic 1st support at around $2,597, and 2nd support at $2574.
Ananya
Hdfc Bank share are up by 1.44%, Nifty up by 0.55%
Hdfc Bank Share Price Today on 19-September-2024: On the last trading day, HDFC Bank opened at ₹1696 and closed at ₹1718.75. The stock reached a high of ₹1718.9 and a low of ₹1696 during the trading session.
Sensex, Nifty: Will stock market rally post US Fed rate cut decision today?
Benchmark indices Sensex and Nifty were range-bound in Wednesday’s trade, much in line with Asian peers, as investors globally eye the outcome of the two-day US Federal Reserve’s policy review later today. Analysts are largely betting on a 25 basis points (bps) rate cut, though they do not rule out a bigger 50-bp move. What stock investors would cheer, analysts said, is a small cut with a dovish Fed commentary on future rate cuts.
Gold Investors Await Fed Policy Announcements
Gold Investors And Fed Policy: The US economic calendar will feature Retail Sales data for August on Tuesday. Investors expect a monthly increase of 0.2% following the 1% growth recorded in July. A negative print could make it difficult for the USD to find demand and help Yellow Metal edge higher. Nevertheless, the market reaction is likely to remain short-lived, with investors refraining from taking large positions ahead of the Fed’s monetary policy announcements on Wednesday.
तूफान फ्रांसिन के बाद आपूर्ति संबंधी चिंताओं के कारण कच्चे तेल की कीमतों में उछाल
कच्चे तेल की कीमतों (Crude Oil Prices) में वृद्धि हुई क्योंकि बाजार का ध्यान तूफान फ्रांसिन के बाद आपूर्ति संबंधी चिंताओं और अमेरिकी कच्चे तेल के भंडार में अपेक्षित कमी पर केंद्रित था।
Bajaj Housing Makes Stellar Debut
As Bajaj Housing Finance made a stellar debut on the domestic bourses, some investors could be rueing the missed chance due to technical hiccups. Nearly 14 lakh applications or 16% of total bids in the company’s Initial Public Offering (IPO) – the largest issue in 2024 – were disqualified, according to allotment documents released on Monday. This is the second-highest number of rejections in absolute terms since the Life Insurance Corporation (LIC) IPO in May 2022.
Tata Power share are up by 0.33%, Nifty up by 0.1%
Tata Power shares are trading at price ₹443.3, 0.33% up from the previous closing price. Sensex is trading at ₹82967.01, up by 0.09%. The stock has hit a high of ₹451.6 and a low of ₹441.2 during the day.