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Meme stock trading is now normal in US markets. Opendoor, Krispy Kreme, and GoPro saw big surges. Warnings about speculation are ignored. Crypto is going mainstream with big firms involved. Retail investors are using options more. Short-dated options trading is at a record high. Meme stock enthusiasm shows retail investors are here to stay.
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News and Media
Rajesh Palviya of Axis Securities anticipates further market weakness, especially if Nifty stays below 25,000. He suggests that a break below 24,800 could lead to a decline towards 24,700-24,600.
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News and Media
Governor Malhotra praised US Fed Chair Jerome Powell's efforts to uphold the central bank's independence amidst political pressure. Malhotra highlighted Powell's commitment to this principle, noting the widespread support he received from global finance leaders at a recent international gathering. This endorsement underscores the importance of central bank autonomy in maintaining economic stability.
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News and Media
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