In the recent correction phase – triggered by rebalancing by global funds moving money to China – only some Nifty stocks were severely hit. A majority of the large-cap stocks weathered the storm. The reaction to early Q2 results suggests that the street has both the scope – and the mood – to stay bullish this earnings season. But to be on the safer side, it would be better if investors focused on large-caps stocks – that too non-Nifty large-caps – for the next few weeks. ET Screener, powered by Refinitiv’s Stock Report Plus... Читать дальше...
India's retail inflation climbed to a nine-month high of 5.5% in September, fueled by a rise in food prices and an unfavorable base effect. This turnaround from previous lows in July and August dampens chances of imminent interest rate cuts by the RBI. The Monetary Policy Committee signals potential rate adjustments depending on inflation trends.
Donald Trump, and Kamala Harris are involved in a close battle electoral battle for the US election 2024.
The US dollar could be facing a major risk at this point owing to various other factors affecting the national economy, if the opinion of a popular author is to be believed. According to Nassim Taleb, the US dollar is not doing a good job at this point as a reserve currency. Here's what more he said.
