GOLD SILVER REPORTS (GSR) — The Indian market is yet to price in what could be a ‘political storm’ in the run-up to the general elections next year as the opposition seeks to regain lost ground.
Neal Bhai
PC Jeweller – Block Deal Alert
Block Deal Alert PC Jeweller: About 13 lakh shares changed hands in a block deal. Buyers and sellers were not known immediately
Stocks To Watch: Axis Bank, Dilip Buildcon, Coal India, Essar Steel, Sun Pharma
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Dilip Buildcon, Coal India, Essar Steel, Sun Pharma — Indian equity benchmarks rose for second day in a row led by HDFC twins, Larsen & Toubro and Bharti Airtel ahead of U.S. Federal Reserve’s policy decision announced late on Wednesday.
China’s Central Bank Raises Borrowing Costs After Fed Rate Hike
Gold Silver Reports – China’s Central Bank Raises Borrowing Costs After Fed Rate Hike — China’s central bank increased the cost of short-term loans to commercial lenders, tightening policy in step with the U.S. Federal Reserve.
Fed Lifts Rates, Steepens Path Through 2020 for More Hikes
Gold Silver Reports (GSR) – Fed Lifts Rates, Steepens Path Through 2020 for More Hikes – Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook. Policy makers continued to project a total of three increases this year.
Fed Raises Rates, Steepens Path of Hikes as Outlook Strengthens
Gold Silver Reports (GSR) – Fed Raises Rates, Steepens Path of Hikes as Outlook Strengthens — Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook. Policy makers continued to project a total of three increases this year.
Federal Reserve Raises Interest Rates at First Meeting with Powell at Helm
Gold Silver Reports (GSR) – The Federal Reserve raised interest rates by a quarter point on Wednesday, its first rate hike this year, in a decision that was widely anticipated by markets.