The US Federal Reserve in its January meeting voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the fourth straight time on a trot.
New Delhi [India], June 22: As 2023 unfolds, we see people exiting from traditional investments, as people, yearning for financial freedom, flock to the cryptocurrency frontier. With Fed rates skyrocketing to a 16-year high, who can blame them?
At 9.19 am, BSE 30-share Sensex declined 79.17 points to 62,574.36 while broad-based Nifty also lost 27 points and was at 16,633.20 level. The majority of the key indices across the world's stock exchanges were trading in the losses during morning trade.
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
Mumbai (Maharashtra) [India], October 8 (ANI): Corporate earnings and the central bank's action amid a slide in the value of the rupee are likely to keep the Indian equities markets' key indices - Sensex and Nifty - volatile in the coming weeks ahead of the Diwali festival.
New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure to reverse the positive flows into the domestic market for two months. US Federal Reserve's hiked rates and a tighter monetary policy across central banks across
New Delhi [India], September 20 (ANI): Indian stocks extended their gains from the final hour gains from the previous session to trade sharply higher on Tuesday morning.
Mumbai (Maharashtra) [India], August 20 (ANI): The Indian stock market's benchmark Sensex has rallied over 4,200 points in the last one month. The index had gained for eight consecutive sessions prior to Friday's decline. This was the longest winning streak in almost two years. Will the bull
Mumbai (Maharashtra) [India], June 25 (ANI): The Indian equities markets key indices snapped a two-week losing streak with the benchmark Sensex gaining 1,367 points in the week ended June 24 as a rebound in global equities amid a steady fall in crude oil prices bolstered investors' sentim
New Delhi [India], June 23 (ANI): Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US, said financial services firm Emkay Wealth Management in a report.
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we