Dec 18, 2014 at 09:10 | Source: Moneycontrol.com
Banks are up including SBI and ICICI Bank (3 percent gains each). Other gainers in the Sensex are Tata Power, Sesa Sterlite and Tata Steel. Among the losers are ITC, HUL and Wipro.
Dec 18, 2014 at 08:30 | Source: Reuters
Closing out a two-day meeting against a backdrop of solid domestic growth but trouble overseas, the U.S. central bank ditched its long-standing vow and instead said it would take a "patient" approach in deciding when to bump borrowing costs higher
Dec 18, 2014 at 08:23 | Source: Reuters
The jitters of recent days also calmed a touch as Russia managed to stabilise its rouble, if only for now, and oil prices eked out a rare bounce.
Dec 18, 2014 at 08:21 | Source: CNBC
Stocks rose after the Federal Reserve retained the phrase "considerable time" in its policy statement, and also introduced another word, "patient," as the central bank readies to raise interest rates next year.
Dec 18, 2014 at 07:58 | Source: CNBC
Overnight, US stocks surged, with the blue-chip Dow marking its best session of the year following a rally in the energy sector and the Federal Reserve's decision to be patient in raising interest rates.
Dec 18, 2014 at 07:55 | Source: Moneycontrol.com
The Indian market is expected to open on a positive note on Thursday led by the clearance of big-ticket policy reforms and US Federal Reserves statement to raise rates not before next year. The SGX Nifty, an indicator of pre-market move, was trading at 8132, up 85 points.
Dec 18, 2014 at 07:52 | Source: Reuters
The Fed said it would take a "patient" approach in deciding when to bump borrowing costs higher, which Fed Chair Janet Yellen, at a news conference, defined as "at least a couple of meetings."
Dec 17, 2014 at 21:37 | Source: CNBC
The Fed's latest meeting comes amid plunging oil prices, which are likely to impact the US's closely-watched inflation figures looking ahead.
Dec 17, 2014 at 16:41 | Source: Moneycontrol.com
Caution also prevailed ahead of the outcome of the two-day FOMC meet, which will be announced later tonight.
Dec 17, 2014 at 15:38 | Source: CNBC-TV18
Manish Singh of Crossbridge Capital LLP believes soft energy prices are a big positive for emerging markets and one should buy into these markets with a 6-12 month perspective.