Latest Market News Today Live Updates: July 13, 2024 – Catch the Latest Market Wrap-Up and Real-Time Updates on Nifty 50 and Sensex Movements
The stock market is abuzz with activity today as investors eagerly await the latest updates on various companies and sectors. From Jio Financial’s upcoming Q1 results to expert advice on stock valuations, there is no shortage of news to keep traders on their toes.
One of the highlights of the day is the cautionary advice from Capitalmind’s Deepak Shenoy, who has warned that stocks are currently “wildly overvalued” and that investors should be cautious as there is “zero predictability” in the market. This warning comes at a time when market volatility is high and uncertainty looms over the future direction of stock prices.
On the other hand, market expert Sumeet Bagadia has recommended three stocks to buy on Monday – HCL Tech, Dr Reddy’s, and Tata Consumer. These recommendations come at a time when investors are looking for opportunities to capitalize on the market’s movements and make profitable trades.
In the commodity market, gold and silver prices are on the rise, with gold reaching a one-month high on the back of rate cut buzz in the upcoming US Fed meeting. Experts are predicting more upside for gold prices as strong US inflation data and better-than-expected job numbers fuel speculation of a rate cut by the Fed.
Overall, today’s market updates are a mix of cautionary advice, stock recommendations, and commodity price movements that are sure to keep investors glued to their screens. Stay tuned for more updates on how the market unfolds throughout the day.