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Speculators are individuals or businesses that purchase assets in the hope of reselling them at a higher price. They usually rely on market trends, economic data, and other analyses to make their decisions. Speculation can involve buying and selling stocks, bonds, commodities, currencies, real estate, or any other asset. It is often seen as a risky strategy, as the price of the asset can either rise or fall in value. However, when done correctly, speculation can be a lucrative investment strategy. In this section, you'll find news, articles, and videos related to speculation and the stock market.
The Union government has removed procurement ceilings on some pulses in a move to curb inflationary pressures and boost supply, It has removed the procurement ceilings of 40% for tur, urad and masoor under the Price Support Scheme operations for 2023–24. The decision assures the procurement of these pulses from farmers at the minimum support price MSP without ceilings. On June 2, the government had imposed stock limits on tur and urad by invoking the Essential Commodities Act in order to prevent hoarding and unscrupulous speculation.
Amid speculation over Congress leader Sachin Pilot's next move, sources close to him on Tuesday said he was firm on his demands, including action against alleged corruption during the previous Vasundhara Raje government, and was waiting for a definitive response from the party high command.
As BoC meets today, many observers anticipate the bank will maintain its pause, leaving interest rates untouched at 4.50%. However, recent economic developments have injected a dose of doubt into the mix. Market speculation reveals that there is approximately a 45% probability of a 25-basis point adjustment, making this rate decision look more like a coin toss.
Stating that Pilot will not float a new party, Rajasthan Congress in-charge Sukhjinder Singh Randhawa said, "Pilot and (Ashok) Gehlot will work together. Both of them know that the formula for reconciliation was reached on the day of the meeting in Delhi. But I cannot disclose the formula." Get more Politics News and Business News on Zee Business.
U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.