The impact of the US Federal Reserve's move to cut the benchmark interest rate will be muted for India as it was mostly priced in, Chief Economic Advisor V Anantha Nageswaran said on Thursday. He said that the Indian stock market is already attracting investor interest and overall the rate cut is positive for emerging markets.
Liverpool shrugged off the absence of Mohamed Salah as midfielder Dominik Szoboszlai scored an 88th-minute penalty to give them a 1-0 Champions League win at Inter Milan.
Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.
Gold prices rallied for the third straight day and gained Rs 2,600 to hit a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday in line with strong global trends amid looming geopolitical uncertainties triggered by the prolonged shutdown of the US government.
UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.
Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.
Packed your gym bag with protein bars? They might not be doing your heart any good. Dr Sanjay Bhojraj, an interventional cardiologist, explains how certain everyday foods can be more harmful than they seem, and what to choose instead.
'When you compare Bihar's poverty from its earlier times, then there is a huge difference. Things have improved a lot. And migration has played an important role in reducing poverty.'
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'
This turgid drama, solely designed to titillate male audiences, move from one hare-brained scene after another with intermittent over-acting, ear-splitting background music, and over-the-top dialoguebaazi, sighs Mayur Sanap.
Odisha sprinter Animesh Kujur ran a blazing 200m race as he smashed the 200m national record, clocking 20.40 seconds to win the gold medal.
Among Sensex firms, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti, Bharti Airtel and Tata Steel were the major gainers. However, Asian Paints and Bajaj Finance were the laggards.
Anjani Mishra, a resident of Prayagraj, is planning to file a police complaint after his mobile number was shared by Rahul Gandhi at a press conference, leading to hundreds of unwanted calls.
From the Sensex firms, Bharat Electronics, Bajaj Finance, Bajaj Finserv, Axis Bank, Maruti and Tata Motors were among the gainers. However, Eternal, Hindustan Unilever, Trent and Titan were the major laggards.
Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said. Any further development on the USndia trade front would also drive trends in the equity market, experts said.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
Key witness Vidhie Mukerjea testified in the Sheena Bora murder trial, claiming that Bora was alive after her alleged murder and identifying her voice in a recording.
The grand comeback party of Virat Kohli and Rohit Sharma endured a quick 22-ball ending, and their lowkey outing reflected in India's seven-wicket defeat against Australia.
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
Over 20 stray cows were found dead in Hisar during the past three days, with health complications due to excessive consumption of food items like 'halwa', 'puri' offered by people a suspected reason behind the deaths.
Among Sensex firms, Mahindra & Mahindra climbed 2.34 per cent, followed by Maruti which climbed 1.70 per cent. Power Grid, Reliance Industries, Bharti Airtel and Eternal also were also among the gainers. However, ITC, HCL Tech, Tata Consultancy Services, Tech Mahindra and Infosys were among the laggards.
Among Sensex firms, Infosys surged the most by 3.88 per cent, followed by Tata Consultancy Services, which climbed 2.69 per cent. Hindustan Unilever, NTPC, Tata Steel, Tech Mahindra, Eternal and HCL Tech were also among the gainers. However, Bharat Electronics, Bajaj Finance, Tata Motors and Trent were among the laggards.
From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Tata Motors, Sun Pharma, Maruti and Titan were among the major gainers. Bharat Electronics, Asian Paints, Bharti Airtel and ICICI Bank were among the laggards.
From the 30 Sensex firms, NTPC, Nestle, Titan, Kotak Mahindra Bank, Maruti, Hindustan Unilever, Bharti Airtel and HDFC Bank were the biggest gainers. HCL Technologies, Tata Consultancy Services, Adani Ports, Larsen & Toubro, JSW Steel, State Bank of India, Tech Mahindra and Bajaj Finance were among the laggards from the pack.
'A price of $6,600/oz is now a reasonable target for gold.'
A Chennai policeman on night patrol sparked controversy after making a 'harassment' remark to a woman feeding stray dogs at Thiruvanmiyur beach. The incident, including the cop snatching her phone, went viral on social media.
'They are totally disconnected with farm activities which their families have been involved in for years.'
If women voters are mobilised in big numbers to the voting booths on November 6 and 11 by the Nitish Kumar-led NDA, then it will be quite difficult for the Tejashwi Yadav-led Mahagathbandhan to defeat the incumbent government, points out Sheela Bhatt.
'They are clueless about the man on the currency notes.' 'They have been fed with WhatsApp forwards, so either Gandhi is vilified or deified. There's nothing in between.'
Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.
According to the witness, Sheena once told her that Indrani administered her wrong medication, and she landed in hospital as a result.
A woman in Jharkhand, India, has been arrested for allegedly murdering her husband and burying his body inside their home. She confessed to the crime after relatives and neighbors grew suspicious.
On the way out of the home, I thought, This good-hearted woman carried me for nine months and brought me safely into the world and cared for me till I grew up. How great women are!
From the Sensex pack, Tata Motors, Sun Pharmaceutical, Bharti Airtel, Bajaj Finserv, ICICI Bank, Mahindra & Mahindra and JSW Steel were the gainers. Tech Mahindra, HCL Technologies, Asian Paints, Titan, Infosys, State Bank of India, Tata Consultancy Services and HDFC Bank were the laggards.
Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.
No fresh deaths have been recorded in Turakapalem village in Andhra Pradesh since September 2, but the cause of the 'mysterious' deaths reported since April remains unknown. The district administration is providing food and water to the villagers while investigations continue.
