US Fed Rate Hike Worries Overshadow GDP Cheer for Sensex, Nifty

Gold Silver Reports – US Fed Rate Hike Worries Overshadow GDP Cheer for Sensex, Nifty — India regaining its position as the world’s fastest growing major economy failed to impress the stock markets on Thursday, as traders worldwide braced for tighter liquidity following US Federal Reserve chairman Jerome Powell’s hawkish comments on rate hikes.

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Green Shoots, at Long Last

Gold Silver Reports – Green Shoots, at Long Last — One swallow does not a summer make, but what about two? Aggregate earnings estimates of the Niftyindex have risen for the second consecutive quarter, after several quarters of downgrades in earningsestimates. This supports the Street’s excitement about a recovery in earnings growth.     

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