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Source: Live Mint RBI Governor Sanjay Malhotra, in a welcome move, cut the repo rate by 50 bps (basis points) to 5.50% and the CRR rate by 100 bps to 3%, providing ample liquidity to the financial services system. The brilliant move will likely spur corporate activity and consumer spending. Also Read | Buy or…
Source: Live Mint Stock Market Outlook: Brokerage house Emkay Global Financial Services, in its latest India Strategy Report, projected that the Nifty index is likely to attain the 25,000 level by December 2025. The brokerage attributed this optimism to fiscal stimulus through tax cuts in the FY26 Union Budget, which is expected to support consumption…
Source: Live Mint ASX 200 closes at highest level since Dec. 9 Banking stocks close at their highest since Jan. 8 Miners end at their highest since Dec. 12 Discretionary stocks up 1% Banking stocks lifted Australian shares on Tuesday, with miners adding to the gains after index heavyweight BHP Group reported higher second-quarter production….
Source: Live Mint Market Outlook: The emerging markets (EM) posted decent returns for 2024, with most regional stock markets up for the year. The MSCI’s gauge for the emerging market stocks is set to end the year 5% higher, suggested a Reuters report, with Singapore set for a 17% annual rise, its best since 2017…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint Suraksha Diagnostic IPO: The issue opens for subscription on 29 November 2024. Here are 10 Key things to know from the RHP 1.Suraksha Diagnostic IPO: Key dates On November 29, 2024, the Suraksha Diagnostic IPO will be available for subscriptions, and it ends on December 3, 2024. On Wednesday, December 4, 2024,…
Source: Live Mint Brokerage house Motilal Oswal Private Wealth (MOPW) recently addressed the emerging risks in the Indian equity market, driven by global geopolitical tensions and the high valuations of domestic stocks. Rising crude oil prices, bond yields, and inflation concerns have intensified market volatility. Despite these challenges, MOPW believes that sustained domestic inflows and…
Source: Live Mint Q2 results preview: The Q2 earnings monitor report from Macquarie Equity Research noted that, like in the first quarter, there is a higher number of companies reporting earnings below expectations in the second quarter, particularly in the Consumer Discretionary, Materials, and Financials sectors. According to the brokerage, overall, the general opinion is…
Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…
[mint_credit] The recent reduction in the minimum ticket size for corporate bond investments from ₹1 lakh to ₹10,000 is a significant step towards this. While it opens up new opportunities for retail investors, it’s important to be aware of the risks before diving into bond investments, and remain vigilant once you do. Retail investors often…
