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Sensex, Nifty open higher following global market surge on Fed rate cut

Nifty and Sensex opened strong following a global market surge after the US Federal Reserve's interest rate cut.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Published on Sep 20, 2024 09:50 AM IST
ANI |

US Federal Reserve's rate cut: Rate cut likely, but by how much?

The FOMC meeting on September 17-18 is crucial for global markets, with expectations of a potential rate cut. Here's what some of the Economists think.

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. REUTERS/Kevin Mohatt/File Photo(REUTERS)
Published on Sep 13, 2024 03:06 AM IST

IT stocks boost Nifty 50 to a record high, tops 25,100. Here's why

NSE Nifty 50 reached an all-time high of 25,114.05, led by gains in IT stocks amid US rate cut expectations.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Published on Aug 28, 2024 12:21 PM IST
Reuters |

Stocks mostly rise as Powell speech looms

Stocks mostly rise as Powell speech looms

Stocks mostly rise as Powell speech looms
Published on Aug 23, 2024 04:42 PM IST
AFP |

US stock market plunges in recession fears, rising unemployment, tech stock fall

The US stock market crashed due to investor concerns of a recession led by increase dunemployment, high interest rates for too long, and falling tech stocks

US stock market plunges and bond yields fall due to recession fears (Reuters)
Published on Aug 03, 2024 11:23 AM IST
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