Market Outlook For The Week Ahead: Key Economic Data & Earnings To Guide Direction
The market outlook for the upcoming week will be influenced by crucial macroeconomic indicators and the final batch of Q2 earnings reports.
Government Sets Ambitious Target To Boost MSME Credit; Aims For Rs 1.54 Lakh Crore In FY25
The government aims to provide an additional Rs 1.54 lakh crore in MSME credit in FY25 through banks and NBFCs.
Indian Startups Raise $138 Million In Funding, Led By Fintech And Deeptech
Indian startups have raised a total of $12.2 billion in funding in 2024, surpassing the entire funding amount for 2023. October alone saw over $1 billion raised across 119 deals, continuing the momentum as the year ends
Renewable Energy Target Anticipated To Push Power Sector Growth
Amid the anticipation of surge in power demand in India over the next decade, India is poised to witness growth in Indian power sector owing to its ambitious energy transmission’s towards renewable energy. Japanese brokerage Nomura revealed that India’s power demand is likely to increase by 7 percent between financial year 2024-27 on Compound Annual …
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Indian Stock Market Consolidates As Domestic Investors Absorb Heavy FII Selling
Despite significant FII outflows, the Indian market has shown resilience, buoyed by sustained buying from domestic institutional investors (DIIs) and individual high-net-worth investors (HNIs).
US Fed’s Rate Cut Sparks Optimism For Emerging Markets; Analysts Say India Could Benefit
The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.
Indian Markets Open Flat After Fed Rate Cut; Selling Pressure Hits Key Sectors
Indian markets opened on a cautious note Friday, reflecting global uncertainty following a second consecutive rate cut by the US Fed Reserve.
US Fed Cuts Interest Rates To Tackle Inflation And Labour Market Challenges
The US Federal Reserve reduced interest rates by 25 basis points, as the economy faces a cooling labour market and persistent inflation.
Domestic Air Passenger Traffic Sees 6.3% Rise In October, Industry Faces Ongoing Supply Chain And Engine Issues
From April to October, domestic air passenger traffic reached 932 lakh, reflecting a 5.9% growth. Indian carriers also saw 162.6 lakh international passengers in the first half of FY25, up by 16% from last year
Sensex Plunges 849 Points Ahead Of Key US Fed Meet
The benchmark indices fell by over 1 percent as Sensex dropped 836 points, or 1.04 percent, ending at 79,541.79. Nifty also declined by 284.70 points, or 1.16 percent, closing at 24,199.35
