Swastika Mukhopadhyay

The decision of the US Federal Reserve to hold interest rates saved the day for domestic benchmarks this week, as investors rejoiced the possibility of no further rate hikes for the time being.

The market rally extended for a third straight day led by a continued optimism as investors cheered the moderation in monetary tightening by the Federal Reserve, whereas soft US payroll data aided sentiments.

Despite volatile market conditions, the addition of dematerialisation, or demat accounts, showed a sharp spurt and rose to an 11-month high in October.

Meanwhile, Bhasin pointed out that the geopolitical unrest between Israel and Hamas are driving investors to make safe bets, while a weaker rupee against the US dollar has led to higher ETF outflows.

As Indian markets scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the Rs 1 trillion-mark over the past seven months, joining the club with 46 others.

They believe that despite the volatile global landscape owing to ‘higher for longer' rates, high bond yields, geopolitical conflicts and elevated oil prices, the mood may continue to be upbeat due to India's strong consumption story and infrastructure push.

A majority of big investors in the stock market continued to increase their wealth and beat the benchmark indices successfully in the past year.

Shares of Life Insurance Corporation of India (LIC) declined marginally on Monday by around 0.30% at the exchanges.

In the upcoming November 2023 rejig of the Morgan Stanley Capital International (MSCI) Global Standard Index, market experts anticipate the addition

A softer-than-expected inflation in the US and UK, which could signal a dovish stance from central bankers, drove indices across the world on Wednesday.