Mon, Nov 25, 2024 2:26 PM
Riddhi Siddhi Gluco Biols Consolidated Sept 2024 Net Sales at Rs 48.90 cr
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A money market account (MMA) can be an attractive option for savers who want a safe place to store their funds. Money market accounts offer higher interest rates than traditional savings accounts, with some top accounts currently offering up to 5% APY, making it a attractive option for savers, but rates vary widely, so it's essential to shop around and compare rates before opening an account.
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A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s preferred inflation gauge, which in turn could keep interest rates elevated. Services inflation has been a relatively stubborn component of the overall PCE index, which is seen rising 0.2% in October from the prior month and 2.3% from a year ago in data due Wednesday.
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The Nifty index opened with a gap up and remained above 24,100, but formed a DOJI candle, indicating indecisiveness in the market, with support at 24,200 and 23,950-24,000, and resistance at 24,350 and 24,500-550. The Nifty is likely to remain volatile or consolidate within the 24,000-24,500 range in the near term.
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