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Stock Market Update: August 2, 2024 – Sensex and Nifty Slide Nearly 1% Amid Sector Declines

Midday Market Overview: Benchmark indices Sensex and Nifty experienced a significant decline of nearly 1% each during mid-session trading on Friday. As of 12:38 PM,...

Japan’s Stock Market Decline Signals ‘Fundamental Shift,’ Says Goldman Sachs Strategist

Japan's stock markets plunged to an eight-month low on Friday, following a consecutive two-day decline triggered by the Bank of Japan's decision to raise...

AUD/CAD Continues Downward Trend: Forecast for August 1, 2024

The AUD/CAD currency pair remains under bearish pressure, as evidenced by recent trading activity. The pair has consistently closed below the 0.9082 mark, indicating...

OPEC+ Likely to Maintain Output Policy Amid Oil Price Declines

On Thursday, OPEC+ ministers are set to meet to review their oil production policy, with expectations leaning towards maintaining the current strategy. Despite recent...

Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally

Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...

Volkswagen Shares Tumble as Cost-Cutting Extended

Volkswagen (ETR) shares fell on Thursday following the announcement that its cost-cutting period will extend beyond the second half of 2024. The company is...

LSEG First-Half Income Rises 5.4%, Progress on Microsoft Joint Venture

The London Stock Exchange Group (LSEG) reported a notable increase in its first-half income on Thursday, surpassing analysts' expectations. This growth was driven by...

Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook

Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...

What is the Lifespan of a Mutual Fund?

Mutual funds are a popular investment vehicle that pools money from multiple investors to invest in a diversified portfolio of assets, managed by professional...

What is a 5-Year Return in Mutual Funds?

Investing in mutual funds offers a way for individuals to diversify their portfolios and potentially earn returns through a managed investment approach. One of...

What is the Oldest Stock Market Index in the World?

The concept of stock market indices is fundamental to understanding financial markets. These indices serve as benchmarks to gauge the performance of specific segments...

How Do I Choose a Stock Market Index?

Choosing the right stock market index is a crucial decision for investors and financial professionals alike. An index serves as a benchmark to measure...

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