LIVE MARKET TRACKER :   BSE SENSEX   31138.21      |    NSE NIFTY 9574.95    
GLOBAL MARKETS :  NASDAQ 6236.6851   +0.0438%    |    FSI London 7425.40   -0.19%    |    NIKKEI Japan 20132.67   +0.11%
  USD GBP EUR CAD AUD INR
USD - 0.7863 0.8960 1.3228 1.3219 64.4775
GBP 1.2718 - 1.1394 1.6818 1.6810 82.0096
EUR 1.1164 0.8778 - 1.4763 1.4756 71.9859
CAD 0.7564 0.5951 0.6777 - 0.9997 48.7980
AUD 0.7566 0.5951 0.6779 1.0006 - 48.7860
INR 0.0155 0.0122 0.0139 0.0205 0.0205 -
Indian-Commodity  :  International & World Stock  :  US markets closed lower ahead of Fed meet

US markets closed lower ahead of Fed meet (26-Jul-2016)

The US markets closed lower on Monday, as investors turned cautious ahead of a busy week of earnings and central bank meetings. The Federal Reserve kicks off its monetary policy meeting on Tuesday and will announce its decision on Wednesday. The central bank is widely expected to hold interest rates steady and stop short of signaling a possible rate increase in September because of continued uncertainty about the economic outlook. The Fed hiked rates last December but has refrained from moving ever since, unsure about the financial market turmoil at the beginning of the year, the lackluster growth in the first quarter. This caution was compounded by the decision late last month by UK voters to leave the European Union. Fed fund futures, used by investors to bet on the timing of Fed rate hikes, were pricing in only a 19.8% chance of a rate hike in September, according to the CME Group's FedWatch tool. The odds rise to 40% at the December meeting. The Bank of Japan's rate decision is due on Friday local time and will be closely watched for any hints of more easing in the face of a stronger yen post Brexit and a slowdown in the economy. In total, 15 central banks are scheduled to meet this week.

The Dow Jones Industrial Average was down by 77.79 points or 0.42 percent to 18,493.06, Nasdaq lost 2.53 points or 0.05 percent to 5,097.63 while, S&P 500 dropped 6.55 points or 0.30 percent to 2,168.48. 

The Indian ADRs closed mixed; Dr. Reddy's Lab was down 1.24%, HDFC Bank was down 0.45% and Tata Motors was down 0.26%. On the other hand, Infosys was up 0.12% and Wipro was up by 0.08%. 




Top News Today
Bharti Airtel launches Digital Care in Hindi and 10 regional languages
(23-Jun-2017)

Bharti Airtel launches Digital Care in Hindi and 10 regional languagesBharti Airtel (Airtel) has launched *121# Digital Care platform in Hindi and 10 more regional languages - Punjabi, Marathi, Gujarati, Tamil, Telugu, Malayalam, Kannada, Bangla, Oriya and Assamese. This......click on news to read complete article.

Kotak Bank's arm aims Rs 200 crore total premia in FY18
(23-Jun-2017)

Kotak BankKotak Mahindra General Insurance, a subsidiary of Kotak Mahindra Bank, is looking at achieving Rs 200 crore in total premia by the end of FY18. The private sector general insurer is also targeting a three-fold......click on news to read complete article.

Pincon Spirit to set up PET manufacturing plant at Asansol
(23-Jun-2017)

Pincon Spirit to set up PET manufacturing plant at AsansolPincon Spirit has received its board's approval to set up Rice Bran Oil Refinery & Solvent Extract Automated Plant at Dankuni Industrial Area in West Bengal at a tentative cost of Rs 30.00 crore.......click on news to read complete article.

International Stock News
US markets closed mostly lower on Thursday
(23-Jun-2017)

US markets closed mostly lower on ThursdayThe US markets closed mostly lower on Thursday, as weak financials and consumer staples shares eclipsed a rally in the health-care and biotechnology sectors. The Federal Reserve said that the 34 largest......click on news to read complete article.

US markets closed mostly lower; Nasdaq post moderate gains
(22-Jun-2017)

US markets closed mostly lower; Nasdaq post moderate gainsThe US markets closed lower on Wednesday, weighed down by losses in the energy sector as oil prices continued to slide. But the Nasdaq Composite posted moderate gains, thanks to a surge in biotechnology......click on news to read complete article.

US markets closed lower as oil enters bear-market
(21-Jun-2017)

US markets closed lower as oil enters bear-marketThe US markets closed lower on Tuesday, as investors dumped energy shares after crude-oil prices slipped into bear-market. Crude oil prices sank to a 10-month low on ongoing worries about a supply glut......click on news to read complete article.

 

     
  
Recent International & World Stock News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.