Gold prices remained steady on Thursday after reaching a record high the previous day, driven by expectations of another significant rate cut by the U.S. Federal Reserve. Investors are keenly awaiting comments from Federal Reserve Chair Jerome Powell for further policy insights. Meanwhile, geopolitical tensions and economic data continue to influence market dynamics.
Oil prices little changed as US stockpile drop offsets global demand woes (26-09-2024)
Oil prices remained stable on Thursday after a previous decline, as increased fuel demand and reduced stockpiles in the U.S. balanced concerns over global demand, especially in China. Brent crude rose to $73.55 per barrel, while U.S. West Texas Intermediate reached $69.73 per barrel, following China’s stimulus measures and easing supply disruptions in Libya.
S&P 500, Dow close lower as investors await insights on Fed rates, data (26-09-2024)
The Dow Jones and S&P 500 closed lower on Wednesday, retreating from record highs influenced by China’s stimulus package. Investors are now awaiting economic indicators and potential interest rate cuts. The Dow fell 293.47 points, while the S&P 500 lost 10.67 points. Nine out of eleven S&P sectors declined, with energy stocks leading the fall.
Indian Microfinance Sector and the companies in the sector (26-09-2024)
This issue is purely because of over leverage on the customer front and currently this is in microfinance business only. MFIs lacked discipline, went on crazy to lend. They created this mess themselves.
Rate cut or raise will have small impact in margin here and there, this will not have relation to asset quality. My personal view, Interest rate cut doesn’t mean these companies will do well
Stocks in news: SpiceJet, Puravankara, ASK Automotive, Adani Green, Vedanta (26-09-2024)
Markets saw a volatile session on Wednesday but continued their upward trend. Key stocks in focus include SpiceJet, Puravankara, ASK Automotive, Adani Green, and Vedanta due to various developments. Notable actions include Societe Generale selling shares in SpiceJet and Puravankara acquiring land in Bengaluru.
Asian equities rally as soft Yen supports Japan: Markets wrap (26-09-2024)
Asian equities rose as a weaker yen and Beijing’s stimulus measures bolstered Japan and South Korea’s stock markets. Hong Kong futures also advanced, despite a dip in US-listed Chinese companies. The rally follows a week of gains, with investors eyeing further fiscal measures from China amid economic data releases across the region.
Stock Market Live Updates September 26, 2024: Stock to buy today: CESC (₹206): BUY (26-09-2024)
Sensex, Nifty, Share Prices LIVE:
Ajit Mishra from Religare Broking suggests buying these three stocks today (26-09-2024)
NTPC is displaying a strong uptrend, characterised by a steady pattern of higher highs and higher lows.