The Federal Reserve's recent decision to lower interest rates marks a significant departure from its previous tightening measures. This pivotal shift in US monetary policy has important implications for Indian investors with exposure to the US market. Inflation has surged in recent years, leading the Federal Reserve to implement interest rate hikes to control rising prices.

After crossing the 26,000 milestone, the Nifty index experienced a downturn, falling by over 2,000 points from its peak within just one month, and is now trading below the 100-day simple moving average. In analyzing whether this decline signals the onset of a market downtrend and a shift to bearish sentiment among investors, we examined the market forces driving this selling pressure.

Gold has historically served as a hedge against inflation and a safe-haven asset in times of economic distress, with a 11.1% CAGR return over 15 years and 18% over 3 years, exhibiting low correlation with Nifty 50. Gold ETFs offer a convenient, low-cost, and liquid way to invest in gold, with benefits like 99.5% purity, transparency, and low taxation making them an attractive option for investors.

Partha Pratim Sengupta has taken charge as the new MD & CEO of Bandhan Bank, with Ratan Kumar Kesh resuming his role as executive director and COO. Sengupta has a proven track record, having held positions at State Bank of India and Indian Overseas Bank, and aims to drive growth and deliver value for all stakeholders.

India's power consumption rose marginally by about one percent to 140.47 billion units (BU) in October compared to a year ago, mainly due to heavier base effect. In the year-ago period, the power consumption grew by over 22 percent to 139.44 BU from 113.94 BU in October 2022.The highest supply in a day (peak power demand met) dipped to 219.22 GW in October 2024.

Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for a sharp correction during the last trading session.

Tata Motors‘ share price was upbeat on Friday evening as the markets opened for the Muhurat Trading session. What Happened: The auto giant reported total sales of 82,682 vehicles for October 2024, slightly down from 82,954 units in October 2023. Domestic sales for October 2024 stood at 80,839 units, nearly flat compared to 80,825 units in the same month last year.

Ola Electric shares were racing at the bourses on Friday evening as the company regained market share in October. What Happened: The EV maker registered 41,605 units in October 2024, a 74% increase from the previous year, according to data from Vahan Portal. The company said that it has sold over 50,000 units during the month, securing a 30% share of the electric two-wheeler market.

Shares of auto major Mahindra & Mahindra (M&M) on Friday rallied up to 3% to Rs 2,818 on BSE after reporting its highest monthly sales in the current fiscal year to dealers in October, boosted by festive season sales. In the Utility Vehicles segment, Mahindra sold 54504 vehicles in the domestic market, a growth of 25% and overall, 55571 vehicles, including exports.

Acquis, a provider of insurance solutions for the asset finance sector, has formed a partnership with Allianz Global Risks US Insurance Company, it was reported in MonitorDaily, an equipment finance website serving the US market. Allianz Global Risks US Insurance Company operates as Allianz Commercial, to offer and underwrite specialised insurance products in the US.

Bombay Stock Exchange (BSE) CEO Sundararaman Ramamurthy expects the potential listing of the National Stock Exchange (NSE) to bring significant value to the BSE, citing robust market fundamentals, favourable economic indicators, and a demographic shift in investments. He advises investors to make informed decisions and recommends mutual funds for beginners.

Wayfair's Q3 adjusted profit exceeded estimates, but shares fell as the online retailer lost customers, with active customers down 3% and orders delivered declining 6%. Despite revenue falling 2% to $2.88 bn, the company's adjusted EBITDA margin was 4%. CEO Niraj Shah cited "sustained challenges" in the category, but noted the company drove cost discipline to achieve a mid-single-digit margin.

After witnessing a yearly drop in volumes for three months in a row, Passenger Vehicles (PV) wholesales turned flat in October 2024 at around 3,90,000 units. In October last year, carmakers despatched around 3,91,472 units to dealers. Despite flat wholesale numbers, PV retails stood at 4,50,003 units in October 2024, showing a Year-on-Year (YoY) growth of nearly 34 percent.

Stock indexes opened higher on Friday, as Amazon's strong earnings mitigated Apple's weaker China sales and investors weighed a sharp reduction in U.S. jobs growth in October. The Dow Jones Industrial Average rose 106.4 points, or 0.25%, at the open to 41,869.82. The S&P 500 rose 17.8 points, or 0.31%, at the open to 5,723.22, while the Nasdaq Composite rose 94.5 points, or 0.52%, to 18,189.667.

The Indian stock market began Samvat 2081 on a healthy note on Friday (November 1) during the special Muhurat trading session, with frontline indices posting up to 1% gains. The BSE Sensex advanced by 335 points to close at 79,724, while the Nifty gained 94 points, ending at 24,300. Nifty Bank also saw a notable rise, climbing 197 points to 51,673.