Even without any interest rate cuts so far in 2024 and with the likelihood of just one meager rate reduction by the end of the year — the stock market has been purring along. That’s quite an achievement, given the expectation in January that the Fed would trim rates six or seven times in 2024 — and that interest rates throughout the economy would be much lower by now.
HAL shares nosedive 28% from peak. Will it fall below Rs 4,000?
HAL share Price: Hindustan Aeronautics (HAL) shares have dropped 28% from their July peak, currently finding support around Rs 4,000. Analysts see a potential bounce
November 14, 2024