The broader NSE Nifty dropped by 48.65 points, or 0.45 per cent to 10,808.05 after shuttling between 10,773.55 and 10,833.70.
Among the Sensex firms, IndusInd Bank, Tata Steel, Tata Motors, Sun Pharma, Infosys, Mahindra & Mahindra, Infosys, NTPC, Bharti Airtel, HCL Technologies and Axis Bank were the biggest gainers. Tech Mahindra and Bajaj Finance were the laggards.
In signs that the country's growth is on track, the economic activity across the country improved in recent months, according to the US Federal Reserve.
IMAGES from the IPL 2024 Eliminator played between Royal Challengers Bengaluru and Rajasthan Royals in Ahmedabad, on Wednesday.
He particularly expressed his disappointment with the US seeking more market for its goods in the developing economies, while putting restrictions on its import of services.
The rupee had plunged by 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback on Monday following demand for the US currency from importers.
She pulled out of the Fed Cup semi-finals against the US as she is not fully fit.\n
Williams, who played an exhibition match last December in the United Arab Emirates, where she lost to French Open champion Jelena Ostapenko, said in addition to working on her serve and returns, she needs to manage her time better now that she has her daughter in tow.
Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
The US Federal Reserve on Wednesday surprised the markets by saying it will continue with its monthly $85-billion bond buying programme and wait for more evidence of growth recovery.
Rajesh Karkera/Rediff.com captures scenes from Ayodhya hours before the pran prathishta ceremony.
'Netflix is very happy with me. Mamla Legal Hai has opened the big bazaar in the heartland for them.'
US won 4-1 against Argentina in the Fed Cup World Group II tie.
It could be a tough week In the run-up to such an event, the market is always nervous.
With US Fed increasing interest rates to 3%, equity money flows into emerging markets like India could be impacted in the medium term.
The US economy could show resilience around the second or third quarter on the housing front, which will increase chances of rate hikes
It is operations of a different kind at the international airport here when FedEx's "midnight hub" comes alive, taking advantage of the complete pause in the activities at the airport for four hours every night.
Crucially, the US central bank softened the blow by making its forward guidance even more dovish.
Among the Sensex firms, Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries and UltraTech Cement were the biggest gainers. In contrast, IndusInd Bank, Kotak Mahindra Bank, Mahindra & Mahindra, JSW Steel, HDFC Bank and Maruti were the major laggards.
Al-Hilal wrapped up a place in the Asian Champions League semi-finals as a 2-0 win over fellow Saudi Pro League side Al-Ittihad in Jeddah on Tuesday completed a 4-0 aggregate success and set a world record with their 28th straight win in all competitions.
The chances of a rate cut in September have risen.
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
In the offshore non-deliverable forwards, the one-month contract was at 61.56/66, while the three-month contract was at 62.16/26.
Equity benchmark Sensex surged past the 57,000-mark by rallying over 1,000 points on Thursday, tracking an overall bullish trend in global equities despite the US Federal Reserve hiking rates. The 30-share BSE index closed 1,047.28 points or 1.84 per cent higher at 57,863.93. Likewise, the NSE Nifty surged 311.70 points or 1.84 per cent to end at 17,287.05.
The Pool B comprises Chinese Taipei, Japan, Thailand and Korea.
This was the weakest endorsement ever extended to a chairman in the central bank's 96-year history.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
Former World No 1 Ana Ivanovic has pulled out of Serbia's Fed Cup World Group playoff tie with Slovakia next month over poor form.
Victories over the Philippines and Chinese Taipei put India in sight of a place in the final in the Asia-Oceania zonal qualifying round.
Spending at restaurants and bars grew more than 8 per cent compared to the year before.
For a variety of reasons it would seem that endangering the dollar is in the interest of the Wall Street at this point in time. The Fed has merely obeyed its masters at Wall Street. Good luck to the US dollar!
The world economy has been run for too long by finance enthusiasts. It is time that finance sceptics began to take over.
Markets end higher ahead of Fed outcome, China stimulus
Netherlands' dream run in the Fed Cup ended agonisingly short of the final when they lost the deciding doubles rubber of a thrilling semi-final against France in Trelaze.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
From the Sensex firms, Bajaj Finance, HDFC, HDFC Bank, Bajaj Finserv, Asian Paint, State Bank of India, Tata Consultancy Services, Bharti Airtel, Reliance Industries and Tata Steel were the biggest gainers. HDFC climbed 2.59 per cent after the housing finance major on Thursday reported a 20 per cent growth in standalone net profit to Rs 4,425 crore for the quarter ending March 2023 on the back of higher interest income. IndusInd Bank, Nestle, Power Grid, ITC, Tata Motors and Mahindra & Mahindra were the major laggards.
