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Source: Live Mint In a bold move, the US Federal Reserve kick-started its monetary policy easing cycle with a 50 basis point (bps) interest rate cut, bringing the Fed funds target range to 4.75-5%. The market was widely anticipating a 25 bps rate cut (one basis point is 0.01%). While delivering this surprise, Fed chair…
Source: Business Standard The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. Puneet Wadhwa caught up with CHRISTOPHER WOOD, global head of equity strategy at Jefferies in New Delhi on his interpretation of the Fed’s move, its implications for global…
Source: Live Mint The US Federal Reserve reduced its benchmark interest rate by 50 basis points, marking the first decrease since 2020, as the central bank started to unwind the restrictive policies it had put in place to address inflation. The Federal Reserve’s benchmark policy rate has remained in the 5.25%-5.50% range for 14 months….
Source: Live Mint “What’s up?” she asked Vivaan as soon as she entered the bedroom. He was lying down curled up like a baby. “Oh, you have come back early,” said Vivaan, who was a mid-level engineer in a software company. “I didn’t hear the door open.” “Well, if you blast music at such a…
Source: Business Standard Stock Market LIVE Updates, Wednesday, September 18, 2024: Indian equity benchmark indices BSE Sensex and Nifty50 were headed for a mildly positive open on Wednesday, as indicated by GIFT Nifty futures, ahead of the US Federal Reserve’s policy decision announcement later in the day. At 7:40 AM, GIFT Nifty…
Source: Business Standard 5 min read Last Updated : Sep 18 2024 | 7:10 AM IST Stocks To Watch, Wednesday, September 18, 2024: Indian benchmark equity indices were most likley to start on a flat to positive note on Wednesday, as indicated by GIFT Nifty futures, ahead of crucial policy rate decisions by the…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open flat on Wednesday following a mixed trend in global markets ahead of the US Federal Reserve monetary policy decision later today. Asian markets traded mostly higher, while the US stock market closed mixed overnight ahead of…
Source: Business Standard Stock Market, BSE, Nifty, Capital(Photo: Shutterstock) 3 min read Last Updated : Sep 17 2024 | 8:30 AM IST PhillipCapital has initiated coverage on the newly listed Bajaj Housing Finance with a ‘Buy’ call. The brokerage has given a target price of Rs 210 and sees a 27 per cent upside from…
Source: Live Mint Indian stock market: The Indian market saw another day of consolidation on Tuesday, with traders staying cautious ahead of the Federal Reserve’s upcoming policy meeting. On Wednesday, the Fed is anticipated to announce its first rate cut since 2020. The Nifty 50 closed the session with a 0.14% rise at 25,418 points,…
Source: Live Mint Infra, reforms road map with jobs focus likely today According to officials, the centre may announce its roadmap, which would include investment and support for sectors like infrastructure, agriculture, SMEs/MSMEs, manufacturing, and skill development thus creating more employment opportunities for the citizens of the country. 5 min read06:15 AM IST Read Full…
