Market – Page 9

RBI looks cautious, may find it difficult to cut rates ahead of US Fed

Dec 9, 2023

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RBI may only get a chance to cut rates around the August 2024 policy. By Indranil Pan, Chief Economist at Yes Bank India appears to be in a sweet spot – high growth that exceeded everyone’s expectations and containment of inflation dynamics to an extent. The backdrop to this policy was a slowing inflation, especially…

EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT

Dec 8, 2023

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A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images The European Union on Friday agreed to…

The Score: Spotify Technology, CVS Health, Alphabet and More Stocks That Defined the Week

Dec 8, 2023

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Here are some of the major companies whose stocks moved on the week’s news. Source link

Jim Cramer's top 10 things to watch in the stock market Friday

Dec 8, 2023

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1. U.S. stocks are lower in midmorning trading, with S&P 500 futures down 0.3% and on track to break a five-week winning streak. But the Nasdaq Composite, down 0.55% in early trading, looks set to post a sixth-consecutive week of gains. Bond yields tick up slightly, with that of the 10-year Treasury hovering just below…

View: RBI will likely change stance to neutral starting early FY2025 only

Dec 8, 2023

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RBI unlikely to change its policy stance in FY24 By Deepak Agrawal, CIO – Debt at Kotak Mutual Fund The macro-economic pitch has improved from the last policy. Global yield lowers, GDP growth for FY24 now projected at 7 percent and CPI inflation for April-December 2024 projected at 4.63 percent. Some segments of the market…

Sensex and Nifty record biggest weekly gains since July 2022; Here’s what market experts had to say

Dec 8, 2023

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The biggest weekly loser was Divi’s laboratories, which fell 2.72 percent. It was followed by Hindustan Unilever which lost 1.86 percent during the week.. The markets ended with the biggest weekly gains since July 22 as the Nifty hit 21,000, gaining around two percent for the week. This came as the Reserve Bank of India…

Nifty, Bank Nifty option premiums to remain low as volatility ebbs, poll certainty increases

Dec 8, 2023

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In the November series, India VIX hit a low of around 8.4 amid a lack of major triggers in the markets. NSE Nifty 50, Bank Nifty and other index option premiums have fallen since October with realised volatility, and are likely to remain subdued in the run up to 2024 general elections as the market…