Dow Jones, S&P 500 hit record highs but end lower despite 50 bps cut from the Fed
The Dow Jones and S&P 500 did hit record highs post the policy announcement with the Dow surging as much as 375 points, but the surge was immediately sold into
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Asian stocks rise as traders await US Fed decision
Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on…
Reliance Power board meet on Sept 23 to consider long-term fund raise
Reliance Power is exploring multiple avenues, including preferential issue, qualified institutional placement (QIP), rights issue and foreign currency convertible bonds.
US Fed rate cut drives gold prices to all-time high
The US Federal Reserve on Wednesday (September 18) implemented its first interest rate cut since the onset of the COVID-19 pandemic, reducing benchmark rates by half a percentage point.
IREDA, GE T&D India, Garden Reach, BL Kashyap, Apollo Micro and more: Top stocks to watch out for on September 19
stocks to watch, GE T&D India, Garden Reach Shipbuilders, BL Kashyap, Apollo Micro Systems, IREDA, Ion Exchange, Allcargo Logistics, Power Grid Corporation of India and more, these are the stocks to watch for today.
Sensex Today | Stock Market Highlights: Indices end lower as IT stocks drag; Nifty at 25,376, Sensex down 131 points
Sensex Today | Stock Market Highlights: The Indian stock market closed largely lower on Wednesday (September 18), ahead of the US Federal Reserve’s policy meeting outcome. The Sensex dropped 131 points to 82,948, while the Nifty fell 41 points, ending at…
JPMorgan’s Jamie Dimon says Fed rate cut will not be ‘earth shattering’
Dimon said last month that he doesn’t “think it matters as much as other people think,” citing ongoing economic uncertainty and inflationary pressures.
Dow Jones, S&P 500 hit record highs but remain on the edge ahead of Fed rate decision
Traders are now pricing in a 63% chance of the Fed easing rates by 50 basis points, according to the CME Group’s FedWatch Tool. That number is lower than Monday’s 67% but higher than Friday’s 47%.
NTPC Green Energy files draft papers for ₹10,000 crore IPO
The renewable energy arm of Maharatna NTPC will only issue new shares, and existing shareholders will not sell any stake, draft papers showed.
Aavas Financiers approves non-convertible debentures issue for ₹630 crore
The company will issue up to 63,000 “rated, listed, senior, unsubordinated, secured, transferable, redeemable NCDs with a face value of ₹1 lakh each, the Jaipur based housing finance company said in an exchange filing.