Federal Reserve cuts interest rates by another 25 basis points; US markets in the red

Federal Reserve interest rate decision news: The Federal Open Market Committee (FOMC) lowered its overnight borrowing rate to a target range of 4.25%-4.5%.

Federal Reserve interest rate decision news: The Federal Open Market Committee (FOMC) lowered its overnight borrowing rate to a target range of 4.25%-4.5%.

Shares of Yatharth Hospital Trauma Care Services Ltd ended at ₹619.90, up by ₹14.50, or 2.40% on the BSE.

Vardhman Polytex Rights Issue 2024: Shares of Vardhman Polytex, a microcap player, dropped nearly 4.3% in trade today, settling at ₹12.75 apiece. So far this year, the stock has surged nearly 120%, while the one-year gain is almost 107%.

Stocks to watch, Bank of Baroda, Asian Paints, Lupin, ITC, DOMS Industries, IOL Chemicals, JSW Infrastructure, Brigade Enterprises, SBI, Borosil Renewables, NITCO, FDC, Yasho Industries, Gandhar Oil Refinery and more, these are the stocks to watch for today.

Under the new regulations, companies seeking to launch an IPO in the SME segment will need to meet certain profitability thresholds. SEBI has made it mandatory for firms to have earned at least ₹1 crore in profit from operations in…

Shyam Swamy, Vice President of Home Improvement, Décor, Services & Retailing; and Vishu Goel, Associate Vice President of Retail Sales, Commercial & Marketing, resigned on December 17. Shares of Asian Paints Ltd ended at ₹2,345.70, down by ₹11.10, or 0.47%,…

Shares of Yasho Industries closed 1.7% lower on Wednesday at ₹2,050.

The move comes as ITC prepares for the demerger of its hotels business. The company has set January 6, 2025, as the record date for this restructuring.

Lupin is one of the first companies to receive approval for this formulation originally developed by Gilead Sciences, making it eligible for 180 days of shared generic exclusivity in the US market. The product will be manufactured at Lupin’s Nagpur…

Taher Badshah of Invesco Mutual Fund expects strong capex trends across sectors, with pharma and power segments offering exciting opportunities. Companies like Hitachi, Siemens, and ABB are well-positioned to benefit from this shift, he said at CNBC-TV18’s Market Townhall on…