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Markets anticipate a US Federal Reserve rate cut next week, with equities and bonds showing enthusiasm. Gold and oil are seen as attractive investments due to supportive fundamentals and global economic momentum. Currency movements, particularly the yen and rupee, will significantly influence equity market performance, with stability crucial for new highs.
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News and Media
Market expert Sunil Subramaniam anticipates a quiet December for equities. He believes a significant recovery is unlikely this month, with a positive bias expected. Foreign institutional investors are booking profits and taking vacations. Domestic institutional investors are building cash. A potential RBI rate cut could offer a brief trigger.
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News and Media
PIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a key part of the country's IMF bailout program. The government aims to improve PIA's financial health and global standing. This sale represents a significant privatization effort for Pakistan after nearly two decades. The process is moving forward with transparency.
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News and Media
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