Futures on the fed funds rate have priced in about 76 basis points of additional rate cuts by the Federal Reserve by year-end. This follows a recent decision to cut interest rates by 50 basis points, amid concerns about the U.S. labor market. Rate futures also indicate a probable 25 basis point cut in November.

The Federal Reserve has announced a half-point rate cut before the end of this year and an additional percentage point cut in 2025. This decision will lower borrowing costs for consumers and businesses. The Fed is confident that inflation is moving towards its 2 percent target, with balanced risks to employment and inflation goals.

The US Federal Reserve lowered its benchmark interest rate by 50 basis points, marking the first cut since 2020 as the central bank began reversing the restrictive measures it implemented to combat inflation.US Fed slashes interest rates by 50 bps for the first time since 2020

Indian indices ended lower on Wednesday, breaking their two-day winning streak. Nifty formed a spinning top candle, indicating short-term hesitation. Analyst Hrishikesh Yedve recommends a buy on dips strategy as long as Nifty stays above 25,080. Resistance is at 25,500, and support is at 25,280-25,300.--

The announcement will be made at 11:30 pm Indian Standard Time on Wednesday. Analysts widely expect the US Federal Reserve to announce its first interest rate cut in over four years. While the exact size of the reduction remains uncertain, with predictions ranging from a quarter to a half percentage point, senior officials have signaled an impending cut.

On Wednesday, India’s benchmark index Sensex fell by approximately 131 points, closing at 82,948. Despite this decline, five stocks from the BSE FMCG index reached their highest prices in the past year. Achieving a 52-week high is notable as it indicates the highest price a stock has reached in the last 12 months, offering valuable insights for traders and investors. This milestone is crucial for assessing a stock's current value and forecasting potential price trends.

Despite the Fed's actions over the past two decades, the Nifty has shown resilience, ending with gains 64% of the time after Fed announcements. However, outliers exist, such as the nearly 7% drop in October 2008 following a rate cut during the global financial crisis.

Indian headline indices ended in the red on Wednesday after hitting fresh record highs, dragged by IT sector heavyweights Infosys and Tata Consultancy Services (TCS). Nifty scaled an all-time high of 25,482.20 before finishing the session at 25,377.55, down by 41 points or 0.16% while S&P BSE Sensex conquered a peak of 83,326.38 before settling at 82,948.23, lower by 131.43 points or 0.16%.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that some traders decided to take profits at higher levels which caused the market to close about 130 points below its peak for the day. "On the downside, there is support at 25,300. If Nifty falls below this level, it could lead to a further drop towards the 24,900-25,000 range. On the upside, 25,500 is acting as a resistance level, meaning it may be difficult for the market to move above this point in the short term," De said.Here are 4 stock recommendations for Wednesday:

The Federal Reserve is expected to lower interest rates this week after maintaining them at a two-decade high for over a year. Economists predict a quarter-point cut, while some foresee a half-point reduction. The decision will be announced on Wednesday, followed by Fed Chair Jerome Powell's press conference.

Wall Street's main indexes opened slightly higher on Wednesday, as the Federal Reserve was widely expected to deliver its first interest rate cut in more than four years, with most investors betting on a 50-basis point reduction.

State-owned Indian Renewable Energy Development Agency (IREDA) said it has received the government's approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement.

State-owned Indian Renewable Energy Development Agency (IREDA) said it has received the government's approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement.

Despite the Fed's actions over the past two decades, the Nifty has shown resilience, ending with gains 64% of the time after Fed announcements. However, outliers exist, such as the nearly 7% drop in October 2008 following a rate cut during the global financial crisis.

Wall Street's main indexes opened slightly higher on Wednesday, as the Federal Reserve was widely expected to deliver its first interest rate cut in more than four years, with most investors betting on a 50-basis point reduction.

Nagaraj Shetti of HDFC Securities believes the short-term outlook for the Nifty is positive but with limited price movement. He suggests dips towards 25,200-25,100 could offer attractive buying opportunities. A decisive move above 25,500 might propel the Nifty toward higher targets.

Nazara Technologies announced a Rs 900 crore fundraising through preferential equity. The funds will be used for acquisitions, business expansion, and growth opportunities. Marquee investors like SBI Mutual Fund and Think Investments are participating in the round.

State-owned Indian Renewable Energy Development Agency (IREDA) said it has received the government's approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement.

Indian market pared gains after hitting record high in intraday trade on Wednesday.The S&P BSE Sensex fell more than 100 points after hitting a high of 83,326 while Nifty50 was down by 41 points after scaling a record peak of 25,482.

Investors are avoiding stocks that were expected to benefit from Prime Minister Narendra Modi's re-election. Instead, they are now favouring defensive sectors. An index of the so-called "Modi stocks" has only risen by 2% as the PM recently completed his first 100 days in office after winning a third term in June. In contrast, consumer and software stocks have surged by 20% and 34%, respectively. Watch!

Aurobindo Pharma Ltd on Wednesday said it will acquire the balance 49 per cent stake in GLS Pharma Ltd for Rs 22.5 crore to make the latter a wholly-owned subsidiary.

Major altcoins were trading mixed, with some like Ethereum (ETH), Tether, BNB, Dogecoin, Toncoin, Tron, Cardano, and Shiba Inu seeing gains up to 1.5% around 1:15 pm. Meanwhile, Solana, XRP, and Avalanche experienced declines of up to 1.4%.

Indian headline indices ended lower on Wednesday, led by declines in IT heavyweights Infosys and TCS. Nifty closed at 25,377.55, down 41 points, while Sensex settled at 82,948.23, down 131.43 points. Banking and financial services sectors were the only gainers among Nifty sectoral indices.

SpiceJet's QIP received strong investor response, with marquee investors like Madhu Kela's family office participating. The company aims to raise Rs 3,000 crore but has exceeded the target. Other notable investors include Akash Bhanshali, Sanjay Dangi, Rohit Kothari, Discovery Fund, Plutus, Jupiter Fund Management, Think Investments, Tata Mutual Fund, and Bandhan Bank.

Like other parts of the markets, even the small cap space is witnessing profit booking, but this time it is more orderly as compared to past small cap stocks. What can change it, global risk off trade. If there is a bout of selling which comes because the global equity market gets into risk off mode as they did in early august then every bet on the table as emerging markets will witness strong selling. But that is a short term risk which everyone in the markets has. But how does one reduce the risk of going wrong while selecting the small cap stocks? Do a bit of hard work, just a bit, look at the return on equity, has the company paid the dividend or not.

It is interesting to be watchful of the consistently performing stocks. ETMarkets analysis found that there are 11 stocks on BSE universe which have gained over 20% in each of the October to December quarters for the last 4 years. We considered only stocks with a market cap of over Rs 1,000 crore. It is interesting to know that 7 out of these 11 stocks have given even multibaggers return in last one-year period. (Data : ACE Equity)

In a boost to exporters, the yen began the session near 142 per dollar after it strengthened to below 140 in a holiday-thinned Asia session on Monday.

Europe's main stock markets largely steadied at the start of trading Wednesday, with all eyes on the size of an expected interest rate cut from the US Federal Reserve. In the eurozone, the Paris CAC 40 index was flat at 7,485.52 points and Frankfurt's DAX edged up 0.1 percent to 18,736.21 as investors waited on the Fed decision Wednesday. bcp/ajb/imm

There are some segments in the agro processing industry where companies have been able to successfully turn themselves from just processors of agri commodities to owners of successful brands. End result, their margins have improved, cyclicality in the cash flow has come down, their balance sheets are far better as compared to what they were ten years ago. But because their business is inherently cyclical and prone to risks they tend to get less attention on the street. But over a period of time, things have started to change for these companies. With better cash flow and changing consumer preference and change in the distribution system, there are candidates for re-rating.

According to domestic brokerage firm JM Financial, the confirmed rate cut could affect the IT sector in three ways: by increasing stock values through a reduced cost of equity, boosting discretionary demand due to economic recovery, and enabling higher operational expenses due to lower interest burdens on companies

ICICI Bank has crossed the Rs 9 lakh crore market capitalization mark for the first time, reaching a new all-time high on the BSE. The bank's shares have surged nearly 30% this year. Anticipation of an interest rate cut in the US Fed meeting is seen as beneficial for banks and NBFCs.

Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement. "Over the last several years, the Company's financial position has been severely impacted by the challenging macroeconomic environment," president and CEO Laurie Ann Goldman said in a statement announcing the bankruptcy filing.

"India will continue to gain share due to market outperformance, new issuances and liquidity improvements," analysts led by Jonathan Garner of Morgan Stanley said.

While a majority of Wall Street traders anticipate a 50 basis point rate cut today and a total of 100 basis points reduction by the end of the year, it's important to remember that the market's predictions about the Federal Open Market Committee's decisions have been inaccurate in the past.

Bajaj Finance shares rallied post-IPO but faced pressure today, declining 2%. Analysts recommend waiting for a price correction before buying, despite the company's strong growth potential and premium valuation.

A Fed rate cut usually weakens the dollar, leading to gold price increases as investors flock to safer investments. However, initial price spikes might be followed by a stabilization period as markets process the full impact of the rate change. Short-term, retail traders might see further upside potential with gold reaching $2,600 and Rs 75,000, but should also be ready for price corrections as the series of rate cuts continues.

BSE shares surged 14% to a 52-week high amid optimism surrounding NSE's potential IPO, following a recent regulatory relief in the co-location scam. Analysts see this as a re-rating catalyst.

Every sector and industry has a correlation with festive season sales. There are some whose fortunes are tied up more with how much money is spent in three months when Indians open their purse strings to enjoy the festive season. There are two parts to spending. First, which is macro in nature which is how much is spent on overall basis. Are consumers more confident and hence spending more. Second is micro, which are the companies which get the higher share of spending in the festive season. There are clear winners of the festive season. Now why look at these stocks just when the festive season has started. There is too much liquidity, and what happened to stocks of white good companies. At the first indication of a strong summer in March, stock started gaining and in less than 6 months stock like Voltas gained more than 50% gain from its low. So, stay one step ahead of the flow of liquidity of the market and headlines.

Rural Electrification Corporation's shares rose 3% after signing MoUs worth ₹1.12 lakh crore for renewable projects, aiming to boost its renewable loan book to ₹3 lakh crore by 2030.

The National Stock Exchange (NSE) board has announced November 2 as the record date for its previously declared 4:1 bonus share issue. This means shareholders will receive four bonus shares for each share they currently hold.

Ray Dalio warned about China's economic challenges and slowing growth but retains some investments. He advised investors to diversify and restructure their portfolios in response to these issues.

Bajaj Finance shares rallied post-IPO but faced pressure today, declining 2%. Analysts recommend waiting for a price correction before buying, despite the company's strong growth potential and premium valuation.

Jindal Steel & Power Ltd has broken out from a descending channel pattern on daily charts, suggesting potential for the stock to rise. Short-term traders can consider buying on dips with a target of Rs 1,200. The stock recently found support above its 200-EMA and bounced back, indicating bullish momentum.

Shares of Reliance Power rose 5% today, reaching a high of Rs 32.98, following the announcement of a settlement regarding obligations worth Rs 3,872.04 crore for the lenders of Vidarbha Industries Power (VIPL). The company also settled all disputes with CFM Asset Reconstruction, pledging 100% of VIPL's shares to CFM for the release of the guarantee.

Innomet Advanced Materials shares listed on the NSE SME platform with a 90% premium, debuting at Rs 190 against an issue price of Rs 100. The IPO saw a robust subscription of 300 times. The company manufactures diamond tools and metal powders, and plans to use the proceeds for working capital, machinery, debt repayment, and general corporate purposes.

Dalal Street remained cautious ahead of the US Fed meeting, with Sensex and Nifty flat; Bajaj Housing Finance continued its rally.

With interest rate cuts expected this year, non-banking financial companies (NBFCs) are set to benefit significantly. Analysts highlight the potential for growth in NBFC assets under management, especially in consumer finance and gold-based lending. Stocks like Bajaj Finance, M&M Financial Services, and Shriram Finance are recommended for investment due to their strong asset quality and favorable loan compositions.

The Nifty Realty index, representing top real estate stocks, has declined by 7% over the past three months due to election-related delays in project approvals and launches. Despite this, some stocks remain strong performers. Experts anticipate that interest rate cuts and the festival season could boost real estate demand.

Overall one can play the positive to range bound stance and expect an up move towards 25600-25750 zones.

CLSA maintains an underperform rating on Bajaj Auto with a target price of Rs 7,000. The recent launch of entry-level motorcycles by Bajaj and Triumph, particularly the Speed T4, is seen as promising. However, caution is warranted due to rising competition in the premium segment, moderated growth in the over-250cc category, and ongoing pressure in key export markets.

Nandan Denim, a multibagger small-cap company, is attracting attention today as the board of directors has set September 19 as the record date for its 1:10 stock split. Consequently, today is the last opportunity for investors to purchase shares and qualify for the split. The company had approved the share sub-division earlier in June before announcing the record date in September.