[ad_1] Stock market today: The outlook suggests that developments in US-India trade negotiations could offer support in the immediate term. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Thursday a day after Operation Sindoor. While Nifty50 was above 24,400, BSE Sensex crossed 80,800. At 9:16 AM,…
[ad_1] US Federal Reserve Chair Jerome Powell (AP Photo) The US Federal Reserve, led by chair Jerome Powell, kept benchmark rate unchanged in 4.25-4.5% target range at the FOMCmeet on Wednesday. “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook…
[ad_1] NEW DELHI: Equity benchmark indices registered marginal gains on Monday. Sensex rose more than 100 points to 72,748.42 while Nifty settled at 22,055.70Sensex and Nifty faced volatility in early trade on Monday. Mahindra & Mahindra, Tata Steel, JSW Steel, Axis Bank, Tata Motors, and HCL Technologies were among the gainers in Sensex while Asian…
[ad_1] NEW DELHI: The US Federal Reserve is expected to maintain its key lending rate unchanged on Wednesday, continuing discussions on potential rate cuts in the ongoing battle against inflation.The Fed has raised interest rates to a 23-year high between 5.25 and 5.50 percent to stabilize inflation at its long-term target of two percent. Despite…
[ad_1] Last week’s gold rush may have been triggered by bets on the US Federal Reserve‘s long-anticipated pivot to looser monetary policy, but the foundations for the record rally were laid in China.Prices breached Dec’s record on Tuesday and have jumped to successive daily highs ever since. The rally itself was peculiar: gold tends to…
[ad_1] Gold rate today: Gold prices reached a new peak, hitting Rs 65,298 per 10 grams on the MCX on Thursday, marking an increase of over Rs 2,700 within the first week of March. This surge in the yellow metal’s value is driven by expectations of a June interest rate cut by the US Federal…
[ad_1] LONDON: A larger-than-expected rise in US wholesale prices Friday rekindled worries over the timing of interest rate cuts and brought a halt to Wall Street’s recent rebound.Markets had shuddered after data released on Tuesday showed US consumer price inflation slowed less than expected in January, dealing a blow to hopes of an early interest…
[ad_1] MUMBAI: The rupee witnessed a surprise rally on Friday, breaking the 83 levels against the dollar to trade at an intraday high of 82.93 – up 40 paise in a day. The domestic currency closed at 83, gaining 33 paise from its previous close.Dealers attributed the unexpected rally to a sudden inflow of dollars…
[ad_1] Gold prices extended gains to a one-week high on Thursday after the US Federal Reserve flagged an end to its tightening cycle and signalled lower borrowing costs in 2024, sending the dollar and Treasury yields tumbling. Spot gold was up 0.2 per cent at USD 2,031.28 per ounce, as of 0130 GMT, after rising…
