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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SGX to list Nifty Successor Products Before August

Nifty

Gold Silver Reports –  SGX to list Nifty Successor Products Before August – Singapore Exchange (SGX) on Monday said it will list successor products to its Nifty family of derivative products before August 2018, when its license agreement with National Stock Exchange (NSE) of India expires.

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Sensex gains 300 points, Nifty near 10600 after WPI inflation eases

Gold Silver Reports – Sensex gains 300 points, Nifty near 10600 after WPI inflation eases – BSE Sensex trades higher in opening trade on Thursday against the previous session’s closing. The broader Nifty also rose in the morning hours. The Indian rupee strengthened against the US dollar, tracking gains in the Asian currencies market. Traders will watch for the Wholesale Price Inflation data due after 12pm. According to Bloomberg estimates, WPI will be at 3.2% for January from 3.58% a month ago. Here are the latest updates from the markets.

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