Thursday, February 2, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
Global-How
  • Home
  • Business
  • Health
  • Technology
  • Sports
  • Entairtainment
  • Science
No Result
View All Result
  • Home
  • Business
  • Health
  • Technology
  • Sports
  • Entairtainment
  • Science
No Result
View All Result
Global-How
No Result
View All Result
Home Business

Indian shares mostly flat as hawkish Fed weighs

Belkaid Hichem by Belkaid Hichem
November 18, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Indian shares saw a muted opening in early trade on Friday as investors digested a slew of hawkish comments from U.S. Federal Reserve officials that indicated the central bank was not done with aggressive interest rate hikes yet.

The benchmark S&P BSE Sensex and NSE Nifty 50 index were mostly unchanged at 61,751.61 and 18,345.50, respectively, as of 0352 GMT.

Fed officials fired more warning shots on interest rates while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty.

St. Louis Fed President James Bullard said late on Thursday that rates might need to hit a range from 5% to 7% to be “sufficiently restrictive” to curb inflation, a blow to investors who had been wagering rates would peak at 5%.
Foreign institutional investors bought a net of 6.18 billion Indian rupees ($75.8 million) worth of equities on Thursday, while domestic investors purchased 4.49 billion rupees of shares, provisional data on the National Stock Exchange showed.

The Nifty IT index was the top sectoral gainer, rising 0.50%. ($1 = 81.5100 Indian rupees)





Source_link

Previous Post

The Walking Dead: Spinoffs and Future for Skybound Entertainment

Next Post

Tech news you may have missed: Nov. 10 – 17

Belkaid Hichem

Belkaid Hichem

Next Post

Tech news you may have missed: Nov. 10 – 17

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Pinterest Cuts About 150 Jobs

February 2, 2023

Halo Top makes debut in baking aisle

February 2, 2023

Dr. Phil to quit his daytime show | Entertainment News

February 2, 2023

A Billion-Dollar Biotech Company Plans to Bring The Dodo Back to Life : ScienceAlert

February 2, 2023

Global-How

Welcome to Globalhow The goal of Globalhow is to give you the absolute best news sources for any topic! Our topics are carefully curated and constantly updated as we know the web moves fast so we try to as well.

Browse by Category

  • Business
  • Entairtainment
  • Health
  • Science
  • Sports
  • Technology

Recent Post

  • Pinterest Cuts About 150 Jobs
  • Halo Top makes debut in baking aisle
  • Dr. Phil to quit his daytime show | Entertainment News
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Business
  • Health
  • Technology
  • Sports
  • Entairtainment
  • Science

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.