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.
Ananya
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.
ट्रेडिंग प्लान: क्या अमेरिकी सीपीआई डेटा के बाद निफ्टी और बैंक निफ्टी में उछाल आएगा?
ट्रेडिंग प्लान: अगस्त 2024 के लिए नवीनतम उपभोक्ता मूल्य सूचकांक (CPI) आंकड़ों से पता चला है कि अमेरिका में वार्षिक मुद्रास्फीति (inflation) दर लगातार पांचवें महीने धीमी होकर 2.5 प्रतिशत हो गई है।
Gold Monthly Forecast: Gold’s rally is just getting started
Gold Monthly Forecast: We believe the most anticipated US rate cut in decades will bring fresh impetus to gold prices. We have revised our gold forecast higher, and we now expect prices to average $2,700 in 2025.