Buzzing stocks: NTPC, Reliance Infra, Religare, Prestige Estate, Phoenix Mills, IIFL Finance, Tata Power, Geojit Financial, IOB, Infosys, Sandur Manganese
Gold hovers near record high as traders navigate Fed’s giant rate cut (20-09-2024)
Gold prices remain steady near record highs and are set for a weekly gain as markets adjust to the U.S. Federal Reserve’s recent interest rate cuts. Spot gold is at $2,586.98 per ounce, with U.S. gold futures slightly lower. The Fed’s easing policy and strong job growth indicators contribute to this trend.
Oil prices set to end week higher after US rate cut (20-09-2024)
Oil prices are set to end higher for a second consecutive week due to a significant U.S. interest rate cut and declining global stockpiles. Brent futures gained 4.3% this week, while U.S. crude saw a 4.8% increase. Rising tensions in the Middle East and weak demand from China also influenced prices.
Market today: Dow, S&P 500 hit record highs; your trading guide for Sept 20 (20-09-2024)
Share market today: In the US, the S&P 500 and Dow Jones closed at record highs. The Dow Jones finished up 1.26 per cent and the S&P 500 closed 1.7 per cent higher
Trump Media shares face potential sell-off as insider selling restrictions lift (20-09-2024)
Former U.S. President Donald Trump has stated he will not sell his $1.7 billion stake in Trump Media, despite the expiration of restrictions. Other insiders, including United Atlantic Ventures and Patrick Orlando, may soon sell their shares. Trump Media’s stock has seen significant losses recently, influenced by market conditions and political developments.
Stocks in news: Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea (20-09-2024)
Stocks in news: Domestic markets remained almost unchanged in a volatile session. Reliance Infra plans to raise Rs 3,014 crore, NTPC approves Rs 9,701 crore investment, and SBI extends $50 million support to Maldives. RBI re-appoints V Vaidyanathan as IDFC First Bank CEO. Vodafone Idea faces scrutiny after a significant stock fall.
Stocks To Watch: HDFC Bank, IIFL Finance, Nykaa, Macrotech Developers, TCS (20-09-2024)
Stocks to Watch: Nykaa has increased its same and next-day delivery capabilities to 110 cities, with 60 per cent of the orders fulfilled within one day.
Dollar slips in choppy trading as traders grapple with Fed’s giant rate cut (20-09-2024)
The U.S. dollar experienced volatility after the Federal Reserve’s unexpected 50 basis point interest rate cut, signaling a shift to an easing monetary policy. The dollar index fell to its lowest in over a year, while currencies like the euro and sterling strengthened. Investors are now anticipating further rate cuts globally.