US Fed talk on interest rates may keep a lid on FPI flows

[ad_1] The US Federal Reserve’s interest rate googly may be a bit of a dampener for foreign portfolio flows into India in the near term.The Fed chair on Wednesday kept rates steady, hinted at delaying cuts, while shooting down talk...

Share Market Highlights 2nd May 2024: Sensex and Nifty trade flat amidst mixed global cues; metal, auto stocks gain

[ad_1] Novo Nordisk A/S (Pre market) (Sector - Healthcare) ConocoPhillips (Pre market) (Sector - Energy) The Cigna Group (Pre market) (Sector - Healthcare) Regeneron Pharmaceuticals, Inc. (Pre market) (Sector - Healthcare) Southern Company (The) (Pre market) (Sector - Energy) Intercontinental Exchange Inc. (Pre market) (Sector...

Why has the Japanese yen been so weak

[ad_1] Japan's yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention.Support for the currency follows a years-long slide that even Japan's first interest rate hike since 2007 and broad optimism about...

Positive start expected for Indian markets, focus on RBI policy

[ad_1] Domestic markets are likely to open on a positive tone, according to Nifty futures at Gift City. Analysts expect the consolidation phase to continue due to the lack of triggers. The focus is on the RBI monetary policy outcome...

S&P Global raises India’s growth forecast to 6.8% for FY25, lower than current fiscal

[ad_1] With the government showing optimism on the growth scenario, S&P Global on Tuesday upped India’s growth forecast by 40 basis points to 6.8 per cent during Fiscal Year 2024-25. However, it is still lower than the 7.6 per cent...

Gold prices set to snap three-week winning streak on surging US inflation

[ad_1] Gold prices were on track on Friday to snap a three-week winning streak as surprisingly hot U.S. inflation readings prompted traders to re-think on how swiftly and deeply the Federal Reserve could cut interest rates this year.Spot gold was...