Us Fed News
FPI selling spree slowed in November; will inflows pick up in the coming months?
In November, FPIs continued to sell off Indian stocks, withdrawing ₹39,315 crore, though the pace slowed from October’s record ₹94,000 crore. For the full calendar year, FPIs invested ₹1,03,601 crore in the primary market and withdrew ₹1,18,620 crore through stock exchanges.
2 min read2 Dec 2024Gold price dips ₹2000 per 10 gm this month. Should you buy on escalating Russia-Ukraine war, wedding season in India?
Gold rate today: According to experts, escalation in the Russia-Ukraine war and wedding season in India may support gold prices
3 min read30 Nov 2024Gold price today: MCX gold rate gains on rising tension in Russia-Ukraine war, Israel-Hezbollah ceasefire accusations
Gold price today: MCX gold rate today opened upside at ₹76,334 per 10 gm and touched an intraday high of ₹76,504 within a few minutes of the Opening Bell
2 min read29 Nov 2024Gold price today: MCX gold rate retraces ₹4000 from record high. US Fed rate cut in focus
Gold price today: MCX gold rate today opened downside at ₹75,501 per 10 gm and touched an intraday low of ₹75,444 mark within a few minutes of the Opening Bell
2 min read28 Nov 2024Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform
The Nifty 50 ended the session with a solid gain of 0.33%, closing at 24,274, while the Sensex also posted a notable gain of 0.30%, settling at 80,246. All 11 Adani Group stocks closed higher in Wednesday’s session following a clarification issued by Adani Green Energy.
4 min read27 Nov 2024Trump probably won’t try to fire Jerome Powell
But his successor will face pressure to bring interest rates down, as have many previous Fed chairmen.
1 min read20 Nov 2024Stock market today: Nifty 50, Sensex extend slide to 7th straight session, post longest losing run since February 2023
The Nifty 50 closed the session with a decline of 0.34%, settling at 23,453 points. The S&P BSE Sensex closed 110 points, or 0.33%, lower at 77,327. Metal stocks surged up sharply after China’s finance ministry last week proposed to reduce or cancel export tax rebates for commodities.
3 min read18 Nov 2024Nifty IT index slips over 3% as US Fed likely to lower pace of rate cuts
Indian IT stocks faced selling pressure as the Nifty IT index dropped 3.2% amid reduced expectations of Federal Reserve rate cuts. Wipro led the decline, with losses exceeding 3% for major companies after strong US retail sales data indicated economic resilience.
1 min read18 Nov 2024Boston Fed President says December rate cut isn’t a ‘done deal’
Officials lowered interest rates by a combined 0.75 point at their last two meetings.
1 min read15 Nov 2024Powell says solid economy allows Fed to consider rate cuts ‘carefully’
The central bank has lowered interest rates by 0.75-point since September.
1 min read15 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared