Market dynamics: Private investors drive a record year on Wall Street

Retail investors are emerging as a dominant force in US stock markets, with inflows into equities on track to reach a record high by 2025. Individual participation has surged on optimism about possible rate cuts and expectations that the rally could extend into next year, reshaping market dynamics traditionally led by institutional players.JP Morgan analysts […]

The rupee remained in a narrow range as equity inflows and dollar sales clashed with hedging by importers

The rupee struggled to hold course on Thursday, stuck in a narrow range before ending marginally higher as inflows into local equities and selling of dollars by state-owned banks offset importers’ demand for the US currency for hedging. The rupee had opened higher at 87.8325 per US dollar, supported by a media report that Washington […]