Mumbai, Feb 3 (IANS) Global and Indian brokerages on Tuesday largely welcomed the India–US trade deal, calling it a major positive for India’s economy, corporate earnings and foreign investment sentiment. The strong endorsement from financial experts was reflected in the stock markets, with the Sensex soaring over 4,200 points during intraday trade to touch a record high of 85,871.73.Brokerages believe the reduction in reciprocal tariffs on Indian exports to the US will ease pressure on Indi…
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Mumbai, Jan 25 (IANS) India’s strong economic fundamentals continue to support a healthy growth outlook, but prolonged uncertainty over the India–US trade deal could push the Reserve Bank of India to step in with further rate cuts.According to Goldman Sachs, if trade-related headwinds persist beyond the first quarter of FY27 and start weighing on growth, the RBI may use its remaining policy space to support the economy through additional monetary easing.The brokerage said India’s mass cons…
Mumbai, Dec 25 (IANS) In a year marked by heightened global uncertainty, precious metals delivered exceptional returns for investors, with silver emerging as a surprise winner.Silver prices surged by more than 137 per cent — outperforming gold — which also posted a strong gain of around 68 per cent this year.With equity markets facing volatility, both metals strengthened their position as preferred safe investment options, but silver clearly outshone all traditional choices.Gold’s strong per…