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The U.S. dollar faces headwinds from trade uncertainties, rising fiscal debt, and waning confidence in U.S. exceptionalism, leading investors to reduce exposure to U.S. assets. A Moody s credit downgrade and overvaluation concerns have further fueled the dollar s decline, with speculators holding significant net short positions. While some anticipate a potential rebound if the U.S.

Wall Street indices closed mixed on Monday. Moody s downgraded the U.S. credit rating due to rising debt. S&P 500 marked its sixth straight session of gains. Healthcare and consumer staples sectors performed well. Energy and consumer discretionary stocks declined. TXNM Energy surged after Blackstone s acquisition announcement. Novavax shares rose after COVID-19 vaccine approval. Regeneron acquired 23andMe.

The dollar s value remained stable after a week of decline. This was due to the Federal Reserve s economic concerns. Also, there was anticipation of a bill increasing the fiscal deficit. Moody s downgrade of the U.S. sovereign rating added to the pressure. Attention is now on President Trump s tax cuts.

Oil prices experienced a slight increase due to potential setbacks in U.S.-Iran nuclear talks, diminishing prospects of increased Iranian oil supply. Disagreements over uranium enrichment continue to stall progress. Concerns about a U.S. sovereign downgrade and decelerating economic growth in China, a major oil importer, are also weighing on prices, creating near-term volatility.

China has reduced its benchmark lending rates. This is the first cut since October. The one-year loan prime rate and the five-year LPR both saw a decrease. These rates influence loan pricing and mortgages. This action follows other stimulus measures by Beijing. The aim is to mitigate economic damage from the trade war with the United States.

Gold prices experienced a slight dip as the dollar strengthened and optimism grew regarding potential ceasefire negotiations between Russia and Ukraine. Spot gold fell by 0.4% to $3,217.50 an ounce, while U.S. gold futures also declined. Investors are cautiously watching remarks from Federal Reserve officials amidst economic uncertainty and recent credit rating downgrades.

Borana Weaves, a Surat-based textile manufacturer, launched its IPO today, aiming to raise approximately Rs 145 crore through a fresh issue of shares. The IPO, priced between Rs 205 and Rs 216 per share, will fund a new manufacturing unit and working capital.

Hindalco Industries is expected to announce its Q4FY25 earnings, with brokerages predicting a net profit growth between 25% and 55%. Revenue could rise by 4% to 12%, driven by higher aluminium and alumina prices. Axis Securities anticipates a strong performance, with a 29% YoY increase in PAT and a 12% YoY growth in revenue.

Integrity Infrabuild Developers, a Gujarat-based firm, will list on the NSE SME platform. The IPO price was Rs 100 per share. It was oversubscribed 2.17 times. The company will use the IPO proceeds for machinery, working capital, and corporate purposes. The firm specializes in government projects. It has secured contracts worth Rs 206 crore. Aryaman Financial Services managed the IPO.