The recent rally with over 250 stocks hitting 52-week highs on the BSE reflects a wave of optimism in the Indian equity market. This momentum reflects rising investor confidence, supported by several factors including macroeconomic stability, strong corporate earnings and favourable global monetary policies. An increase of over ₹6 lakh crore in equity market capitalisation…
The US stock market jumped significantly on Thursday after the Federal Reserve announced a 50 basis points (bps) cut in interest rate. As the market opened, major indexes such as the Dow Jones Industrial Average, the Nasdaq Composite and the S&P 500 surged, indicating renewed optimism among investors. As of 10 a.m. Eastern time, the…
The US Federal Reserve recently took a significant step by cutting the federal funds rate by 50 basis points (bps), marking the start of a new monetary easing cycle. This long-awaited decision received a mixed response from financial experts and markets. The focus now shifts to the Reserve Bank of India (RBI), and many wonder…
Introduction to FOMC Decision The Federal Open Market Committee (US FOMC) meeting is a key event closely watched by economists, investors, and global markets. In September 2024, the Jerome Powell-led US Federal Reserve is expected to announce its sixth interest rate decision for the year. After a series of rate hikes, for the first time…
Expanding City Gas Distribution (CGD) Sector The city gas distribution (CGD) sector in India is witnessing significant growth, with key companies such as Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL) leading the way. Both companies are focusing on infrastructure development and technological innovations to meet the growing demand for compressed natural gas (CNG)….
