Nomura on IT Buy Call On Tech Mah In Large-caps Buy Call On Coforge, Birlasoft & eClerx In Midcaps Reduce Call On TCS, WPRO, LTIMindtree, L&T Tech & Mphasis Accenture Cuts FY24 Revenue Growth Guidance Cut To +1-3% Y-Y Guidance Cut On Delayed Decision-Making & Weak Discretionary Spends Retain Cautious Stance As Discretionary Revival Still … Read more
The sell-off pressure observed in the mid- and small-cap stocks over the last few sessions amid regulatory concerns regarding excessive inflows has spread to the large-cap stocks. In today’s session, the Nifty 50 index experienced a significant decline of 1.51%, dropping below the 22,000 mark to reach 21,997 points. This marks the index’s third-largest intraday … Read more
US Fed Meeting News Live Today: The US Fed FOMC is to announce rate hike decision shortly Markets are cautiously awaiting the 12.30 AM (IST) release of the FOMC’s Summary of Economic Projections (SEP) followed by Chair Powell’s presentation 30 minutes later. José Torres, Senior Economist at Interactive Brokers has a message for investors and … Read more
US CPI Data and Fed Rate Hike Live Updates: Global investors are in for a pivotal week, as a key measure of inflation, the US CPI data releases today and the Federal Reserve’s interest-rate decision is to be announced on Wednesday, December 13. Both these key events are expected to set the tone for the … Read more
The United States Federal Reserve’s (US Fed) two-day monetary policy meeting is being held from December 12-13 (Eastern Standard Time – EST). And on Wednesday (EST) Fed Chair Jerome Powell will announce the central bank’s rate decision in a press conference. Known as the Federal Open Market Committee’s meeting (FOMC Meeting), the rate announcement will … Read more
The US Federal Reserve is expected to keep interest rates steady at a 22-year high in its policy meeting on October 31-November 1 even as the US economy remains resilient despite high interest rates while inflation still remains above the Fed’s 2 per cent target level. In its last policy meeting, the Fed had left … Read more
The situation around US debt is complex right now. It’s like the crisis is spreading like a virus throughout the global financial system. The situation around US debt is complex right now. It’s like the crisis is spreading like a virus throughout the global financial system. First, a little bit of background. This year, we’ve … Read more