CME Fedwatch did not change much this week, despite lower than expected US consumer inflation
In the previous trading session, Indian benchmark indices Nifty 50 and Sensex closed in the green, with Nifty 50 at 22,502.00 and Sensex at 74,005.94.
FPIs were net sellers of $1,336 Million in equities in the week to May 17, 2024; although markets rallied
Motilal Oswal Multi Cap Fund NFO is an opportunity to invest in a rule-based mix of large caps, mid-caps, and small caps
Spot gold was up 0.1% at $2,428.14 an ounce. On Monday, gold reached a record high of $2,449.89. At $2,431.80, gold futures dropped 0.3%.
Focus shifts to a number of Fed speakers for hints on the U.S. rate outlook and when an easing cycle could start
Brent crude futures had dropped 12 cents, or 0.1%, to $83.34 per barrel. West Texas Intermediate (WTI) oil fell 8 cents, or 0.1%, to $79.72 per barrel in the United States.
US bond yields and the dollar index were subdued, even as spot gold crossed $2,400/oz for the first time
Indian markets enter a truncated week, after a week of smart gains across most sectors
Oil & gas and autos were the stars of the week, even as banks mirrored the Nifty and Sensex gains

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