Mumbai stocks rebounded sharply as Sensex and Nifty rose in early trade after four losing sessions, tracking global market gains, easing US inflation data, expectations of Federal Reserve rate cuts, and strong foreign and domestic institutional buying, boosting investor sentiment
World markets showed mixed performance Thursday as investors anticipate the Trump-Putin summit and US wholesale inflation data. Bitcoin briefly surged past $123,000, while global equities remained volatile amid uncertainty over Ukraine, energy sanctions, and monetary policy moves.
Washington: US inflation remained elevated in October as supply chain disruptions have persisted for months, surging to the highest level in three decades, the Labour Department reported. The consumer price index (CPI) soared 0.9 per cent in October after rising 0.4 per cent in September, according to the latest report released by the Department’s Bureau of […]
