Latest Stock Market News

Gold and silver experienced significant plunges from record highs, driven by profit-taking and concerns of market bubbles. Asian stocks fluctuated as Wall Street s rally showed fatigue. Despite recent de-risking, equity exposure remains high, with analysts anticipating healthy pullbacks.

Realty firm Hosachiguru is expecting a Rs 100 crore revenue from the sale of farm plots in a 23-acre project near Bengaluru, The company has launched a 23-acre project, Dharani , offering 60 farm plots.

Kolkata-based Jayesh Logistics on Tuesday said it has fixed the price band at Rs 116-122 per equity share for its Rs 28.63 crore initial share sale, which will open for public subscription on October 27.

US stocks saw a mixed close Tuesday. The Dow Jones Industrial Average led gains, driven by strong earnings in industrials and capital goods. Other sectors experienced mixed performance. Investors are closely watching upcoming earnings reports from major companies. The market shows a degree of indecision as it hovers near record highs.

Gold took a dip on Wednesday, driven by investors who are securing profits from a recent upswing. All eyes are now on the impending U.S. inflation data, a critical factor for the Federal Reserve s interest rate strategies.

Prominent brands like Coke, 3M, General Motors, and Philip Morris are witnessing a notable strength in consumer spending. However, this strength is not universal. Affluent shoppers are driving economic growth with their spending, whereas consumers on the lower end of the income spectrum are struggling.

Japan s financial landscape is becoming a hotspot for investors once more, thanks to an invigorated government promising fiscal stimulus and tax incentives. Global fund managers are enticed by the prospect of diversifying their portfolios away from the inflated markets of the U.S. and Europe.

Economists polled by Reuters anticipate the Federal Reserve will implement two 25-basis-point interest rate cuts this year, with the first expected next week. This shift in forecast reflects a growing concern among policymakers about the labor market s weakening, despite ongoing inflation risks. However, significant division exists regarding the Fed s rate trajectory by the end of next year.

Oil prices are experiencing a second day of increases, spurred by sanctions and evolving trade negotiations. After recently touching a five-month low, the US has set its sights on acquiring oil to enhance its strategic reserves. Market hesitations persist as supply issues in vital regions continue to inhibit price declines. As the US-China trade talks unfold, investors remain vigilant.

During the initial phase of Asian trading, the U.S. dollar faced a decline coinciding with a notable decrease in gold prices. This scenario induced a reshuffling among safe-haven investments, with the yen depreciating against the dollar. Overall market volatility surged, yet the dollar index showed resilience.