© Reuters. By Senad Karaahmetovic The could rally 15% from current levels in the next 6 months, according to Stifel strategists. Peak Fed hawkishness and falling expectations are likely to fuel a rally in U.S. stocks, strategists wrote to clients in a note. The strategists don’t expect to see new signals from the Fed on …
© Reuters. By Senad Karaahmetovic Goldman Sachs strategists expect to witness further U.S. dollar strength over coming months amid continued Fed hikes, as well as a “resilient US growth/inflation mix.” Historically, the tends to weaken significantly when activity bottoms, in conjunction with the easing Fed. This type of environment would allow the dollar to weaken …
By Malvika Gurung Investing.com — The sank to a new lifetime low against the US dollar for the consecutive session on Monday amid sell-offs in the domestic market and weak global cues. Benchmark equity indices tanked 1.92% and crashed 1,035.3 points or 1.8%. The domestic currency opened at a fresh low of 81.55 against the USD …
INR Rout Extends, Falls to New Low, Key Levels in Focus; USD Hits 20-Yr Peak Read More »
By Malvika Gurung Investing.com — Shares of the diesel engines and components manufacturer Swaraj Engines (NS:) (SEL) zoomed 11.88% to Rs 1,897 apiece and rallied almost 14% to hit a new 52-week high of Rs 1,962 apiece on Wednesday. The scrip has jumped the most since June 2020. The stock rallied after the mega-cap auto manufacturer …
Swaraj Engines Tops Over 2-Yr Peak, Hits New High As M&M Sets to Hike Stake Read More »
© Reuters. By Michael Elkins Morgan Stanley reiterated an Overweight rating and $383 price target on American electric automaker, Tesla (NASDAQ:) after examining the company’s position in China. The electric vehicle market in China was valued at $124.2 billion in 2021 and is expected to grow to $799 billion in 2027 as per Mordor Intelligence. …
Morgan Stanley Remains Bullish as Tesla Passes ‘Peak China Dependency’ By Investing.com Read More »
