Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that remained in red territary were Financial Services, Media and Private stocks were seen trading in red.
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on its restrictive monetary policy stance.
US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to align the inflation rate with its 2 per cent target.
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
This week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April 30 to May 1.
Indian stock market indices traded in the red at Tuesday's opening bell over reported concerns of overheating in the small and midcaps space coupled with profit booking by investors.
Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require even tighter policy to get inflation back to 2 per cent target, US Federal Reserve Jerome Powell said, as he indicated the central bank is no rush to cu
The situation in West Bengal's Sandeshkhali sparked a war of words between the ruling and opposition parties with the Bharatiya Janata Party (BJP) alleging atrocities against women there and Chief Minister Mamata Banerjee accusing the BJP of fomenting trouble in the area.
US Fed had raised interest rates from near zero to now 5.25-5.50 per cent in the fight against inflation. Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
New Delhi [India], January 18: In the ever-evolving world of cryptocurrencies, investor sentiment and market trends can shift rapidly. Recently, a significant trend has emerged: investors in Solana (SOL) are increasingly diverting their attention and resources to Retik Finance (RETIK), pa
"This is a serious incident. Serious action should be taken on this security breach incident. I am not able to understand why no major action is being taken on this incident," Meira Kumar told ANI.