Pre-Diwali Dhanteras purchasing of precious metals such as gold and silver in India, the country which has been tagged as the world’s largest gold consumer, initiated on favourable note on Friday (10th November 2023). Strong demand was seen because of the recovery of consumer demand as gold prices softened. Gold sales on Dhanteras touched record
Before we provide the stock market outlook for next week, let’s have a quick recap of the week gone by. The week kicked off on the positive note as for the first 3 days of the previous week, SPX ended merely higher (i.e., was up by ~0.55%). However, the following day was somewhat difficult as
Stocks were seen rallying on Friday as the indexes secured yet another week of strong gains. These gains in the indexes were seen just after the day there was a jump in bond yields after traders and investors digested the more hawkish tone from the US Federal Reserve Chair Jerome Powell. While analysing the equity
Officials of the US Federal Reserve have recently hinted that they “are not confident” that rates of interest are high enough. That is to say that further tightening might be in the offing to finish the battle with inflation. US Fed’s Chair Jerome Powell dictated that US Fed “is committed to achieving that monetary policy
Mumbai, 11 November 2023: Housing rents continue to soar across the top 7 cities, led by leading IT/ITeS hubs Bengaluru, Hyderabad, and Pune. Latest ANAROCK Research data reveals that among the top 7 cities, residential rentals in Bengaluru’s prominent areas soared by over 30% in the first nine months of 2023 (9M 2023). A standard 2BHK
The US equities ended on a flat note on Wednesday, with investors eyeing Federal Reserve officials’ comments for signals regarding the expectations of interest rates. While performance on Wall Street was somewhat muted on Wednesday, the traders continue to look for the direction of Treasury yields. The US treasury yields saw a retraction since the benchmark 10-year
In order to improve transparency and efficiency of cooperative societies, the government plans to computerize about 65,000 cooperative societies by March 2024, according to Nabard Chairman Shaji K V. As part of the National Level Monitoring and Implementation Committee and Ministry of Cooperation, the National Bank for Agriculture and Rural Development (Nabard) is responsible for
Stocks ended higher on Monday even as markets decided to settle down in the quieter week of earnings and economic data. This comes after previous week’s Fed rate decision, employment data and several earnings releases. NASDAQ performance saw an increase of ~0.3% and it experienced its longest winning streak since January as the index has
The US Treasury yields saw a significant decline in the week gone by after the Chair of US Fed failed to direct investors toward pricing more tightening of monetary policy. After from this, the US employment data exhibited a significant slowdown in hiring activity. Large retreat in yields adversely impacted the US dollar, resulting in significant
In Delhi NCR region, Noida and Gurgaon have bene categorised as important commercial and residential centres. Both these cities, have their own pros and cons. Hence, buyers are expected to decide which area best meets their needs and requirements. In today’s competitive real estate market, Noida Gurgaon investment is the hot topic running on the
