July 29, 2024
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COMEX Gold steadied above $2050/oz owing to softer US treasury yields amid solid demand for the first of this week’s three US debt sales Fed Bank of Cleveland President Loretta Mester said policymakers will probably gain confidence to cut interest rates “later this year” if the economy evolves as expected Treasury Secretary Janet Yellen said that while losses in commercial real estate are a worry, US regulators are working to ensure that loan-loss reserves and liquidity levels in the financial system are adequate to cope (Bloomberg) WTI Crude extends gains supported by lingering geopolitical risk in the Middle East as the Houthis targeted two ships in the southern Red Sea LME base metals hold gains as markets grew hopeful of more forceful measures by Chinese authorities to support economic recovery and optimism from reports of regulators’ plan to brief President Xi Jinping Today, EIA crude oil inventories and speeches by more Fed officials will be in focus
COMEX Gold steadied above $2050/oz owing to softer US treasury yields amid solid demand for the first of this week’s...
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Stocks with high de ry Percentage* Craftsman Automation Ltd – 81.7% SW Renewable Energy Ltd – 79.6% Sundaram Fasteners Ltd – 79.2% Himadri Speciality chemicals Ltd – 77.9% Cholamandalam Financial Holdings Ltd – 77.7% *Primary market acivities* IPOs opening today Sattrix Information Security Ltd (BSE SME) – Issue size 21.78Cr Magenta Lifecare Ltd (BSE SME) – Issue size 7Cr Listing today Ztech India Ltd (NSE SME) – Subscribed 371.39x *Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 89630/kg, Brcrude – Rs 6173/barrel, Copper – Rs 863.3/kg. *Corporate News* PNB to float Canara HSBC Life Insurance IPO, will divest 10% stake. Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement. RIL registers sub-lease deed for land to develop global economic hub. StockMarket #StockMarket #FinancialNews Stocks with high de ry Percentage* Craftsman Automation Ltd – 81.7% SW Renewable Energy Ltd – 79.6% Sundaram Fasteners Ltd – 79.2% Himadri Speciality chemicals Ltd – 77.9% Cholamandalam Financial Holdings Ltd – 77.7% *Primary market acivities* IPOs opening today Sattrix Information Security Ltd (BSE SME) – Issue size 21.78Cr Magenta Lifecare Ltd (BSE SME) – Issue size 7Cr Listing today Ztech India Ltd (NSE SME) – Subscribed 371.39x *Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 89630/kg, Brcrude – Rs 6173/barrel, Copper – Rs 863.3/kg. *Corporate News* PNB to float Canara HSBC Life Insurance IPO, will divest 10% stake. Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement. RIL registers sub-lease deed for land to develop global economic hub StockMarket #StockMarket #FinancialNews
Stocks with high de ry Percentage*Craftsman Automation Ltd – 81.7%SW Renewable Energy Ltd – 79.6%Sundaram Fasteners Ltd – 79.2%Himadri Speciality...
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