1 / 11 Fed Minutes indicate scope for a rate cut: Several Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady. The discussion indicates the committee has begun to shift toward a risk-management approach …
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out forDriven by positive US GDP data, expectations of improved global demand and unflinching faith of domestic investors, the stock market has recovered all its post-Budget losses to leave many market veterans surprised. Given Friday’s momentum, Sensex looks poised to break …
Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, ended the day higher for the third straight session on Friday amid mixed global cues. On Friday’s session, the 30-share BSE Sensex ended higher by 190.75 points or 0.26% at 72,831.94 level while the Nifty 50 closed at 22,096.75 level, up …
Nifty ended with weekly declines of 2.1% amid massive selling in state-owned company stocks along with energy, realty and financial stocks. However, the IT pack ended with weekly gains. When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them. “The upcoming …