Latest Updates Around The World
The Nifty Metal Index fell sharply on Thursday as profit booking and rebalancing in global commodity markets triggered a correction after a strong rally, said Aditya Welekar, AVP, Axis Securities.According to Welekar, metal stocks had risen sharply in recent months, with valuations pricing in a near-perfect bull case scenario. “Any decline in underlying commodity prices […]
December 17, 2025 Image source: Pavel Kot/www.istockphoto.com The US Federal Reserve’s Open Market Committee, at its December 2025 meeting, cut the Fed Funds rate by 25 basis points (bps), which now stands at 3.5-3.75%, as expected. This decision was made as job growth slowed and unemployment rose. The Federal Reserve also noted that while U.S. […]
Mumbai: Indian stock indices fell more than half a percent on Thursday as the US Federal Reserve’s cautious outlook on interest rate cuts for the rest of the year dampened investor sentiment. The NSE Nifty ended at 25,877.85, down 0.7%, or 176.05 points. The BSE Sensex ended at 84,404.46, down 0.7% or 592.67 points. The […]
