Silver prices showed a stellar rally on Thursday up to their highest level in a decade on the back of China’s stimulus measures amid desperate attempts by the world’s largest consumer of white metal to shore up its economic growth. However, industrial sector demand remained a concern.
Posts in category Economic Times
3 top stock recommendations from Rajesh Palviya for next week (28-09-2024)
Even the Nifty has added almost 30 lakh shares for this fresh series. So, both indices have witnessed a long built up setup series on series and looking at the data, we believe that this momentum can extend further.
Concurrent Gainers: Adani Ent, M&M among 11 stocks that gained for 5 days in a row (28-09-2024)
In this weekly rally, ETMarkets identified that 11 stocks from the BSE100 pack showed consistent price increases during this timeframe.
62 BSE500 stocks give double-digit returns in September as market scales record highs. What’s next? (28-09-2024)
Benchmark Sensex rose 1.22% in September, as many as 62 stocks on BSE 500 clocked double-digit gains of up to 35%. Among these, about seven of them offered over 25% returns to investors during the month.
Rs 40 trillion opportunity! India’s power sector set for multi-decade boom; Tata Power, Power Grid top bets (28-09-2024)
Power demand in India is expected to grow at a faster rate, with a 7% CAGR over the next decade, driven by a robust economic outlook, urbanization, and new demand drivers such as electric vehicles (EVs), data centres, and the electrification of energy needs.
Options trading: Can retail traders actually make money in a zero-sum game? (28-09-2024)
SEBI’s study highlights several important findings that shed light on emerging trading patterns in India. Some of these observations challenge common misconceptions and provide much-needed reality checks.
Dollar weakens after inflation data, Yen surges on Ishiba win (28-09-2024)
The dollar fell after U.S. inflation data showed easing price pressures, while the yen strengthened as Shigeru Ishiba was set to become Japan’s next prime minister. The Federal Reserve’s recent interest rate cut and consumer spending figures also influenced market movements.
Fed seen cutting rates another 50 bps in November (28-09-2024)
The Federal Reserve is expected to deliver another 50-basis-point interest rate cut in November after U.S. inflation showed signs of cooling. Traders are betting on a policy rate reduction, currently at 4.75%-5.00%, to reach 3.00%-3.25% by mid-2025, aligning with the Fed’s neutral rate target.
5 world market themes for the week ahead (28-09-2024)
Financial markets are eagerly anticipating a drop in global interest rates as the fourth quarter begins. Key events include the Federal Reserve’s rate-cutting cycle, China’s factory activity data, and the Bank of England’s cautious approach to rate cuts. Euro zone inflation numbers will also be closely watched for potential ECB rate adjustments.
Wall Street Week Ahead: Jobs data to test US stock market’s soft-landing hopes (28-09-2024)
Investor hopes for a soft landing for the U.S. economy will be tested next week with the release of key labor market data. The S&P 500 index is up 20% year-to-date, driven by rate cuts and hopes of controlled inflation. The upcoming jobs report could influence future Federal Reserve decisions.