Rupee Takes Fed’s Historic Rate Hike in Stride, Sensex Volatile
Indian stock markets and the rupee edged higher on Thursday, taking the US Fed’s historic rate hike in their stride.
Sensex Set to Take Fed’s Historic Rate Hike in Stride
Indian markets are set to take the US Federal Reserve’s historic rate hike in stride, with Nifty futures on the Singapore exchange indicating a higher opening. The SGX CNX Nifty was trading 0.40 per cent higher at 7,791.
Crude Falls after US Fed Rate Hike, Inventory Gains
Crude futures fell in Asian trade on Thursday, adding to sharp losses the previous session after the Federal Reserve raised rates for the first time in nearly a decade and official figures showed a surprise build in US inventories.
Sensex, Nifty May Open Higher Post US Fed Rate Hike
The Sensex and Nifty are set to open higher as indicated by the Nifty futures traded on the Singapore Stock Exchange. The Singapore Nifty or SGX Nifty was up 0.34 per cent or 26 points at 7,786.
Gold Dips in Choppy Trade after Fed Rate Hike
Gold slipped on Thursday, giving back some of its overnight gains, in choppy trading after the Federal Reserve raised US interest rates for the first time in nearly a decade.
