Stocks plunge despite RBI rate cut, financials under pressure
Dollar under pressure after Federal Reserve fuels bets on large rate cut The dollar index, which hit a two-week low of 96.648, bounced to 96.824 Dollar slips on softer US yields; Aussie shines
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Today, RBI announced rate cut of 25 bps but Nifty and Bank Nifty has continued to be under pressure despite of the easing interest rates scenarios. In the morning equity research report itself we mentioned that " As per my observation, on past 2 concluding MPC meet irrespective of rates cut markets have always reacted negatively to it.
Markets Sunk Despite Rate Cut By RBI June 6, 2019 0 The indian stock market extended losses to close lower on Thursday, pulled mainly by financial and banking stocks after the RBI slashed repo-rate by 25bps for the third consecutive time.
The BSE benchmark Sensex today slumped by 160 points to close at 19,575.64 points on profit selling in rate-sensitive stocks led by ICICI Bank and Tata Motors, as RBI adopted a "hawkish" stance in its monetary policy 2013-14 overshadowing its 0.25 per cent cut in repo rate. Stocks remained under pressure throughout the day as the 0.25.
The stock extended its post-earnings plunge from Wednesday after the firm missed on. That news has put the fitness tracking device maker’s shares under pressure, despite seeing revenue more than.
2 Myths Holding Back Home Buyers Myth #1: "I Need a 20% Down Payment" Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,
Rate cut hopes drive Indian stocks to new heights slowing inflation and doubts over demand could force the RBI’s hand KOTARO HIDAKA, nqn staff writer August 01, 2017 21:46 JST
The Ultimate Truth about Housing Affordability The Ultimate Truth about Housing Affordability – There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is. The Sibley Group Northshore at Keller Williams Realty Professionals.
Despite the RBI likely to go for a rate cut in its policy review meeting next week, foreign investors, rather than being concerned, are giving the country’s markets a thumbs up
That fear shook financial markets Monday as oil plunged again, dipping below $50 for the first time in more than five years. The drop prompted a big sell-off, not just among energy stocks. The.