Motilal Oswal initiated coverage on NSDL with a 'Neutral' rating, setting a target price of Rs 1,200. While acknowledging NSDL's strong market position and growth potential in India's expanding capital markets, the brokerage suggests the current stock price largely reflects these positives.
The US Federal Reserve is considering stimulating the economy. This is despite growth, high stock values, and above-target inflation. The decision hinges on a softening job market and housing affordability issues. Models offer conflicting guidance on the neutral rate. Fed policymakers are also weighing in. Political pressure, especially from President Donald Trump, adds complexity.
Robert Kiyosaki criticises mutual funds and ETFs, calling them for losers, while welcoming Trumps executive order allowing 401(k) investors to access alternative assets like gold, silver, Bitcoin, real estate, and private equity, which he says will increase the value of his preferred investments.
Donald Trump is again pushing to reduce how often companies report earnings. He wants them to report every six months instead of every three. Trump says this will save companies money. The Securities and Exchange Commission is considering the change. Some investors may not like the idea. They rely on quarterly reports.
Gold prices saw a slight dip but stayed close to record levels. Investors are watching for the U.S. Federal Reserve's interest rate decision. Market anticipates potential rate cuts. MCX gold futures experienced a minor decrease. Silver futures witnessed a more significant drop. Globally, the dollar weakened as markets await the Fed's move. Focus is on Fed Chair Jerome Powell's comments.
