Market Experts Weigh in on Declining Volatility and Lack of Fresh Triggers
Petroleum products, electricity, real estate should be brought under GST purview
Market ExpertsGstReal EstatePetroleum ProductsElectricityRbiInflationReal Estate NewsJun 16, 2024
Frequently Asked Questions
What is the current market sentiment?
The market sentiment is stable, with a possible rate cut in October and declining inflation.
What are the key economic data to be released this week?
The key economic data to be released this week include India's Manufacturing PMI, Services PMI, Bank Loan Growth, and Deposit Growth, as well as the Industrial Production and Jobless Claims in the US.
What is the Goods and Services Tax (GST) Council meeting about?
The GST Council meeting is likely to review online gaming taxation and discuss further rationalization of indirect tax structure.
What is the outlook for crude oil prices?
Crude oil prices are expected to trade in the upper-end range, with resistance at $80.05/$82.50 and support at $75.80/$74.0.
What is the outlook for gold prices?
Gold prices are expected to trade within a range of ₹70,000 to ₹72,500, with support around ₹70,700 and resistance near ₹72,150.
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