Analysts reckon that the President-elect’s policies could reignite inflation in the U.S. and temper future rate cuts by the Federal Reserve
Posts in category Economic Times
Market may be more into consolidation over next 12 months: Krishna Sanghavi (22-11-2024)
Krishna Sanghavi, CIO Equity, Mahindra Manulife MF, suggests that the Indian markets might experience a consolidation phase over the next year, with returns driven more by individual stock performance than overall market movement. He highlights financials, select IT stocks, and manufacturing as potentially interesting sectors during this period, while acknowledging the recent selling pressure from foreign investors.
China stocks post worst day in 6 weeks as poor tech earnings, Trump fears weigh (22-11-2024)
The CSI300 index lost 3.1%, its financial sector sub-index eased 3.38%, the consumer staples sector fell 2.96%, the real estate index dropped 2.95% and the healthcare sub-index shed 3.8%
LIC Housing Finance accepts bids for bond reissue, bankers say (22-11-2024)
LIC Housing Finance has accepted bids worth 10 billion rupees for the reissue of its 7.57% October 2029 bonds, offering a yield of 7.65%. Several other Indian companies, including ICICI Home Finance and Mindspace Business Parks REIT, have also announced bond issuances with varying tenures and sizes.
Further steep hike in housing prices may prove to be a deterrent to demand: Prashant Thakur, Anarock (22-11-2024)
Indian real estate is experiencing a price surge, with post-Covid appreciation averaging 59-60% across major cities. While this boom has driven sales, experts warn that further price hikes could deter buyers. Mumbai stands out with stable prices despite high demand, while the NCR attracts major developers but sees shrinking affordability.
Kitex Garments board announces 2:1 bonus share issue (22-11-2024)
Kitex Garments, a multibagger smallcap stock, announced on Friday that it will issue bonus shares in a 2:1 ratio to its shareholders. The decision was made during a board meeting held on November 22, 2024.
Sebi investigating whether Adani Group flouted disclosure rules: Report (22-11-2024)
India’s market regulator, SEBI, is investigating Adani Green Energy Ltd. for potential disclosure violations regarding a US Justice Department bribery probe. The investigation centers on whether Adani Green adequately informed investors about the investigation and its scope, particularly the involvement of individuals linked to the Adani Group.
Sudeep Shah’s top bets from PSU Banks and realty pack (22-11-2024)
So, I feel overall now, let us stick with that support zone of 23,500 until this zone holds, this upside could continue up to 23,800, 23,900 zone in the coming few sessions.
Japan’s Nikkei ends higher as chip-related shares track Nvidia’s gains (22-11-2024)
“Nvidia’s gains lifted sentiment and investors bought back Japanese stocks,” said Naoki Fujiwara, senior general manager at Shinkin Asset Management.
Tube Investments shares 0.71% as Sensex rises (22-11-2024)
The stock quoted a 52-week high of Rs 4807.05 and a 52-week low of Rs 3177.55.