The US Federal Reserve has opened its two-day meeting of the Federal Open Market Committee (FOMC), where policymakers will decide on the interest rate for the world’s largest economy. The outcome of the meeting will be announced on Wednesday.At the previous review in October, the Fed cut rates by 25 basis points, reducing the target […]
The Indian market ended lower on Friday and stopped a six-day winning run, while investors became careful for the Federal Reserve chairman Jerome’s comments on the Jackson Hole Symposium and brace fresh American rates on Indian goods, in the midst of other counter-winds weigh on sentiment. The BSE SENSEX fell 693.86 points, or 0.85%, to […]
Markets closed higher for the second consecutive week, with the Nifty 50 and Sensex almost 1%won. Optimism around a possible GST revision increased sentiment early, and the momentum that was held most of the week for some profit booking in the last session Pared profits. Towards the end of the week, the Nifty was 24,870.10, […]