August 30, 2024

The Fed’s Preferred Inflation Gauge is on track for September rate cuts.

The Good News: The Fed’s Preferred Inflation Gauge is on track for September Rate Cuts! *6:30 PM GLOBAL UPDATE:* # GIFT Nifty 🇮🇳: (+10, 25402) # Dow Futures: (+44, 41378) # Nasdaq 100 Futures (+137, 19460) The Federal Reserve’s preferred gauge to measure underlying inflation held steady last month, with core prices rising 2.6% and […]

The Fed’s Preferred Inflation Gauge is on track for September rate cuts. Read More »

Nifty hits fresh historic high at 25268.35; Extends its winning streak to 12 straight sessions; Notches gains for 3rd consecutive week and month.

Nifty bulls unfazed by overbought technical conditions and most importantly, shrugs-off conventional wisdom that the bull market depends only on participation from Bank Nifty or Nvidia. NIFTY (+84, 25235) Sensex (+231, 82366) Bank Nifty (+198, 51351) Nifty hits fresh historic high at 25268.35 Extends its winning streak to 12 straight sessions Notches gains for 3rd

Nifty hits fresh historic high at 25268.35; Extends its winning streak to 12 straight sessions; Notches gains for 3rd consecutive week and month. Read More »

Nifty bulls unfazed by overbought technical conditions and most importantly, seen shrugging-off conventional wisdom that the bull market depends on Nvidia.

*Morning Action @ 7 AM – Friday, August 30th 2024* # This Friday morning, Gift Nifty is aiming to flirt with the dotted lines, indicating bulls unfazed by overbought technical conditions and most importantly, seen shrugging-off conventional wisdom that the bull market depends on Nvidia. The Good News: US index futures are trading steady on

Nifty bulls unfazed by overbought technical conditions and most importantly, seen shrugging-off conventional wisdom that the bull market depends on Nvidia. Read More »

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