The expectation of a modest interest rate cut by the US Federal Reserve has also boosted market sentiment. Investors believe that lower rates will stimulate economic growth, particularly benefiting sectors such as IT and Pharma, which heavily rely on US revenue.
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29%
Base metal prices are shaped by global economic trends and industry-specific factors, with China’s economic conditions playing a pivotal role. As the largest consumer and
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