If the Fed minutes were the first official indication of rate cut, Powell’s Jackson Hole speech was almost the affirmation
Fed has almost hinted at a 25 bps rate cut in September, but CME Fedwatch seems to be inordinately optimistic
An equal weight fund overcomes the bias of investing in the typical market cap weighted indices
The BSE Midcap index dipped by 0.6%, while the Smallcap index closed flat.
Here are some of the stocks that may see significant price movement today.
It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance
With Powell almost confirming a rate cut in September, it gives a new perspective to global data flows
After 3 weeks of selling, the FPIs again turned net buyers in the week with net infusion of $584 Million
On the previous trading day, the Sensex gained 80.12 points, or 0.10%, closing at 81,133.31, while the Nifty rose by 11.70 points, or 0.05%, ending at 24,823.20.
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

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