Market Mood: Cautious Outlook
September appears muted for D-Street. Trends suggest a cautious approach. Key factors like GDP figures, GST collections, and US tariffs are sending mixed
signals. Experts advise keeping a close eye on these developments to navigate the market effectively.
Manufacturing PMI Soars!
India's manufacturing sector is experiencing a significant boost, with the PMI hitting a 17.5-year high. The rate of output expansion is the quickest in nearly 5 years. This indicates a robust growth trajectory for India's industrial output, signalling a positive trend.
Gold Prices: What's Ahead?
Gold prices are predicted to see higher swings this week. Manav Modi, Senior Analyst at Motilal Oswal Financial Services Ltd., shares his outlook. Investors should watch out as gold finds favor. The precious metal's rise is fuelled by various factors.
Rupee at Record Low
The rupee has hit a record low, breaching 89 against other currencies. Markets are keenly watching the RBI's next moves. Corporates are expressing their concerns. This situation raises significant implications for the Indian economy.
US Treasury Bill Holdings
India has reduced its holdings of US Treasury bills. Simultaneously, gold is gaining favor in forex reserves. Despite this, India remains among the top 20 investors in T-bills. This shift shows changing investment strategies.
