Apple share price ended at a record closing high on Wednesday led by a broader rally in the US stock market after the US Federal Reserve kept interest rates unchanged and signaled lower borrowing costs next year. Apple shares jumped 1.7% to end the day at $197.96 apiece, beating the iPhone maker’s previous record high … Read more
India stock market: The Indian benchmark equity indices, Sensex and Nifty 50, are expected to open higher on Thursday following gains in global markets after the US Federal Reserve kept the key interest rates unchanged and foresees three rate cuts next year. The Asian markets rallied while the US stocks jumped overnight on a dovish … Read more
The US Federal Reserve is widely expected to maintain policy rates in the current 5.25-5.50 per cent range when it concludes its two-day monetary policy meeting on Wednesday, December 13. Besides, the US central bank is expected to remain hawkish as inflation remains above its 2 per cent target. US inflation came on expected lines … Read more
With the US Federal Reserve expected to leave benchmark interest rates unchanged on Wednesday, November 1, it’s unlikely that the domestic equity market will experience significant reactions to this event. A majority of experts believe the Fed will maintain a pause on interest rates for the second consecutive time after the conclusion of the Federal … Read more