Indian markets saw a pause https://angelsenter.com/index.php/rules/ as American stocks ended lower. Investors are now focused on upcoming corporate earnings and clues from the Federal Reserve about interest rate cuts. The market awaits signals on economic health and future monetary policy. This period of consolidation precedes a crucial earnings season, with major banks set to report results soon. Sebi has intensified scrutiny of the options market following surveys highlighting significant retail losses.
Which crypto platform is legal in India?
Cryptos like Bitcoin, Ethereum, and XRP can be legally traded, bought, and sold, provided users comply with the legal frameworks and tax regulations. CoinDCX is considered one of the best crypto exchanges in India due to its secure platform, user-friendly interface, and wide range of supported cryptos.
Bitcoin steadies near $114K amid Fed rate cut hopes; Ethereum, Cardano, XRP jump up to 8%
The regulator floated the idea of extending derivative contract tenures last month and recently introduced measures such as delta-based open interest calculation. Investors expect future rate cuts. The dollar may weaken against major currencies. Pharmaceutical shares see a boost from new agreements. Oil prices remain low due to global oversupply. New Zealand’s central bank prepares for a rate reduction next week.
Bitcoin holds above $114,000 amid cautious market sentiment; XRP, Solana fall up to 3%
Economic visibility is currently limited.
- The regulator floated the idea of extending derivative contract tenures last month and recently introduced measures such as delta-based open interest calculation.
- Investors expect future rate cuts.
- Oil prices remain low due to global oversupply.
- Pharmaceutical shares see a boost from new agreements.
