• Market Savera 30/07/2024

  • Jul 30 2024
  • Length: 2 mins
  • Podcast

Market Savera 30/07/2024

  • Summary

  • U.S. stocks ended mixed on Monday to kick off a busy week with several Big Tech earnings reports, the Federal Reserve’s interest rate decision and jobs report, all due later this week. The US Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week (July 30-31) but open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank's 2% target. Asian stocks fell as the Bank of Japan kicks off its two-day monetary policy meeting and amid speculation investors are trimming some of their holdings before a rush of events in coming days including major central bank decisions, key economic data and earnings from US megacap companies. RVNL received an order worth Rs 739 crore Aarti Drugs received EIR at Baddi facility from US FDA ITD Cementation bags Rs 1,237 crore contract for New Delhi Residential Project Nifty ended almost flat on July 29 after a volatile session. At close, Nifty was up 0.01% or 1.3 points at 24836.1. Nifty displayed minor profit taking on July 29 Defence and Rail stocks rose once again while Bank stocks could not sustain higher levels although witnessing high volumes. Focus may continue to be on the midcap and smallcap space in the near term with some other stocks reacting to results and other developments. Nifty could stay in the 24595-25000 band for the near term. Indian markets could open lower, in line with lower Asian markets today and mixed US markets on July 29
    Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Market Savera 30/07/2024

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.