The OUTLOOK for GAIL India (GAIL) continues to strengthen, setting the stage for a sustained period of outperformance over the next 2-3 years. Several factors contribute to this. Growing domestic gas supplies, LNG liquefaction capacity and expectations of moderate pricing of the same, normalisation of LPG prices and some improvement in petrochem segment imply earnings […]
Day: September 20, 2023
Gold shows resilience amid market volatility, falling US Treasury yields likely to increase investment demandGold shows resilience amid market volatility, falling US Treasury yields likely to increase investment demand
By Bhavik Patel The market was watching for the US PCE (Personal consumption expenditure) index for July 2023 which contains the most current data on inflation and the preferred measuring benchmark by the Federal Reserve. The data shows that inflation although has subsided but continues to remain persistent. The US savings rate fell by 3.5% […]
Wall Street eyes muted open ahead of key economic dataWall Street eyes muted open ahead of key economic data
Wall Street’s main indexes were set to open subdued on Tuesday as investors refrained from placing big bets ahead of key economic data this week, including job openings figures due later in the day that will provide further clues on the state of the economy.Multiple sets of economic data are scheduled to be released this […]