Posts in category Economic Times
Will market get into consolidation mode ahead of Budget? Mahantesh Sabarad answers (12-06-2024)
I think EPC companies can potentially do well because it is all about the order book that they will start getting in. With the new government formation in, you will see infrastructure activity particularly road building kind of activities start picking up. Alongside, you also have a host of metro projects coming up for completion which requires that last bit of push when it comes to construction activities.
Power sector may report solid growth in next 4-5 years: Manish Sonthalia (12-06-2024)
All in all, as long as the growth continues I do not think there is any reason to get worried about Zomato just yet. I mean, of course, competition is something which we need to watch out for and it is a very strong competitor who has announced intentions to get into the quick commerce and the food delivery space but it is a high entry barrier business I would believe, not so easy to get in and take market share.
Gold rush grips Asia despite near-record prices (12-06-2024)
Gold demand in Asia is increasing despite near-record high prices, driven by geopolitical and economic uncertainty. Spot gold trades over $2,300 per ounce, up 12% year-to-date, and 6% below the record high. Lower confidence in real estate and equities also fuels the demand.
Dollar calm ahead of inflation test, Fed decision (12-06-2024)
The dollar steadied after reaching a four-week high against peer currencies as markets awaited key U.S. inflation data and the Federal Reserve's updated interest rate projections. China's economy showed signs of improvement with steady consumer inflation and narrowing producer price declines.
Oil prices edge up on optimistic demand outlook (12-06-2024)
Oil prices rose on positive demand outlooks from EIA and OPEC, with Brent crude up 0.1% to $82.04 and WTI crude up 0.2% to $78.10.
Oil prices edge up on optimistic demand outlook (12-06-2024)
Oil prices rose on positive demand outlooks from EIA and OPEC, with Brent crude up 0.1% to $82.04 and WTI crude up 0.2% to $78.10.
GIFT Nifty drops 50 points; here’s the trading setup for today’s session (12-06-2024)
Domestic markets ended flat post-election recovery. Investors await US CPI data and Fed policy outcome for market direction.
GIFT Nifty drops 50 points; here’s the trading setup for today’s session (12-06-2024)
Domestic markets ended flat post-election recovery. Investors await US CPI data and Fed policy outcome for market direction.