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On 6th June, the RBI’s Monetary Policy Committee (MPC) lowered its inflation forecast for FY26 to 3.7%, down from its earlier estimate of 4%. The cut comes as inflation has steadily declined over the past six months. RBI Governor Sanjay Malhotra said, “We have won the inflation battle,” citing a sharp drop in consumer prices,…
As the market appears to be entering a new regime with potential rate cuts on the horizon, investors might find it advantageous to look into undervalued stocks with bullish ratings from analysts. With capital flows and liquidity expected to rise, these stocks could benefit and offer promising opportunities. Here’s a closer look at three such…
It will take time to learn whether the April bottom will hold. When the GMI turns Green, I will consider long positions again. The dotted line in the chart below is the daily close. The red lines are the shorter daily averages and the blue lines are the longer term daily averages. BWR= red lines…
Wall Street Hits Fresh Highs The S&P 500 and Nasdaq closed at record levels on Wednesday, driven by a powerful surge in Oracle shares and cooler-than-expected US inflation data. Investors interpreted this as a strong signal that the Federal Reserve is likely to cut interest rates next week. Oracle’s Breakthrough Oracle stock skyrocketed more than…
Markets have looked a bit jumpy lately. Canada’s main index has slipped on days when tech and commodities sag, even while pockets like banks and utilities hold up. That kind of chop can feel annoying, but it also creates opportunity. A broad slide tends to punish the good with the bad. It hands you better…
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