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On the domestic front, the macro data points have been healthy with Q3FY24 real GDP growth surprising on the upside.
Bill Gross has called on the US Federal Reserve to stop winding down its balance sheet and reduce interest rates to avoid a recession.
Indian gold prices surged to a fresh all-time high last year, with the most active MCX near-month futures booming to Rs 64,460 per ten grams in December. Firm overseas prices, weak Indian rupee, and expectations of an increase in jewellery demand amid peak wedding season propelled price rises.
Broad-based gains boosted all three major U.S. stock indexes and nudged the S&P 500 to within one percentage point of its all-time closing high reached in January 2022
Wall Street continues to build on seven straight weeks of gains, the S&P 500's longest weekly winning streak since 2017, fueled by optimism of policy rate cuts in 2024, a fervor that Fed policy makers attempted to rein in on Monday.