Apple share price ends at record closing high after US Federal Reserve signals interest rate cuts

Apple share price ends at record closing high after US Federal Reserve signals interest rate cuts

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

7 things that changed for the Indian stock market overnight – Gift Nifty to US Federal Reserve interest rate decision

7 things that changed for the Indian stock market overnight – Gift Nifty to US Federal Reserve interest rate decision

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

US Fed decision today: Will it be the last hike of the current cycle? How could it impact the Indian market?

US Fed decision today: Will it be the last hike of the current cycle? How could it impact the Indian market?

After taking a pause on rate hikes in June, the US Federal Reserve will most likely raise benchmark rates by 25 bps to the 5.25-5.50 per cent range later on Wednesday (July 26). While the market appears to have discounted a 25 bps rate hike for this time, investors globally will keenly look for cues … Read more