by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
“Higher global markets are setting up a positive open for Indian markets today. Fed Chairperson Powell’s comments gave a boost to US markets with a rate cut in September and December being factored in, even though Powell did not allude to any imminent rate...
by AIP Online Bureau | Jun 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The market capitalization of BSE-listed firms hit a lifetime high of Rs 4,38,41,960.73 crore (USD 5.25 trillion), with investors’ wealth increasing by Rs 3.93 lakh crore in just four sessions. Noteworthy, it took the BSE benchmark merely two sessions to move...
by AIP Online Bureau | Jun 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“There is a temporary blip in the market momentum, due to a lack of fresh triggers after the hawkish commentary from the US Fed, lowering the plausibility of a rate cut in the short-term. A near-term consolidation seems probable as domestic investors await cues from...
by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The anticipation of stability within the coalition government at the center, coupled with the RBI’s upward revision of its growth forecast for FY25 to 7.2%, fuelled a broad-based rally in the domestic market Friday’s rally was supported by foreign funds...
by AIP Online Bureau | Jun 6, 2024 | Eco/Invest/Demography, Indian News, Policy
Indian equity benchmarks closed in green for a second consecutive day on Thursday as India VIX declined over 11 per cent Mumbai: Stock markets rallied for the second straight day on Thursday with the benchmark Sensex jumping nearly 693 points on easing political...