If the Fed minutes were the first official indication of rate cut, Powell’s Jackson Hole speech was almost the affirmation
After 3 weeks of selling, the FPIs again turned net buyers in the week with net infusion of $584 Million
The BSE Midcap index dipped by 0.6%, while the Smallcap index closed flat.
Hindalco was trying to sell up to 8.6% of Novelis, including a green shoe option, at a price range of $18 to $21 per share.
It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance
This project expands the company's energy solution capabilities and helps it move to an energy products and services company, it said.
Fed has almost hinted at a 25 bps rate cut in September, but CME Fedwatch seems to be inordinately optimistic
The market action next week is likely to be driven by GDP and fiscal deficit data in India and the PCE inflation in the US
Investors bid for 70.56 crore equity shares, which exceeded the offer amount of 74.5 lakh shares.
With Powell almost confirming a rate cut in September, it gives a new perspective to global data flows
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