Sun, Nov 17, 2024 8:09 PM
Buy or sell: Ganesh Dongre recommends two stocks
A Flip by Shubhangi Gupta
Investors this year have grown increasingly confident the US economy will achieve a "soft landing." But the election of Donald Trump as the nation's next president has complicated the outlook. And some economists now think it's likely the US could face another inflation resurgence if Trump follows through with his key campaign promises.
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On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex closed lower by 0.14% and closed at 77,580.31, while Nifty closed lower by 0.11% and closed at 23,532.70 level. Market volatility, as indicated by India VIX, declined by 4.27%. Top 3 price-volume breakout stocks: 📌Jio Financial Services 📌HFCL 📌Network18 Media & Investments.
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This week belongs to Nvidia and its CEO Jensen Huang. Not to Donald Trump. Not to any of his cabinet nominees. Not to the incoming Republican majorities in the U.S. Senate or the House of Representatives. They are expected to dominate the market this week, with the company expected to report 74 cents a share in earnings, up 85% from a year ago, and revenue jumping 81.1% to $32.8 billion.
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