Fri, Nov 29, 2024 3:43 PM
✅Sensex surges 760 points at the Close; Nifty near 24,100
A Flip by Avya Verma
Markets widely expect the Federal Reserve to cut interest rates for the fourth time this year at its December meeting. The question is what the central bank will do next year. Recent sticky inflation prints and evidence the US economy is growing at a solid pace have raised doubts that the Fed will bring down rates as quickly as it previously indicated.
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Futures tied to Canada's main stock index edged higher on Friday in thin trading volumes, while investors looked forward to the day's key economic data to gauge the pace of the Bank of Canada's interest-rate cuts. December futures on the S&P/TSX index were up 0.1% at 6:06 a.m. ET (11:06 GMT). The U.S. equity market reopened for half a day following the Thanksgiving holiday on Thursday.
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Multibagger small-cap stock Sudarshan Pharma Industries share price were trading neat upper circuit on Friday during intraday trades as Century India Opportunity Fund bough stake suggested BSE bulk deal data. The BSE bulk deal data showed that Century India Opportunity fund bough stakes in Sudarshan Pharma Industries buying 1600000 shares.
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