CAA Capital Market Update: May 2024

CAA Capital Market Update: May 2024

The India Economy showed resilience amidst global uncertainity during the month of April. GDP growth surged to 8.4% in Q3, driven by manufacturing, mining and construction sectors. The equity markets continued their bullish run and ended the month with the NSE Nifty...
Stock Market Update: September 2024

Stock Market Update: September 2024

The BSE Sensex closed at 82,366 up by 0.76% and the Nifty 50 closed at 25,235 up by 1.14% in August 2024. From a sector perspective, leading gainers were Healthcare (+6.56%), Teck (+4.58%), Consumer Durables (+4.37%), and IT (+4.27%) while Utilities (-3.79%), Realty...
Economic Update: September 2024

Economic Update: September 2024

On 18th September, the US Federal Reserve lowered its benchmark interest rate for the first time in more than 4 years, with a bigger than usual cut. The key lending rate was reduced by 50 bps to the range of 4.75% and 5% marking the end of monetary tightening cycle....