Wall Street’s main stock indexes opened little changed on Wednesday, ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an interest rate cut, while investors remain wary of hawkish commentary on the path of future easing.Read More

Indian markets closed lower as Sensex and Nifty erased early gains amid profit-booking ahead of the U.S. Fed decision. Global volatility, BOJ tightening signals, FII outflows, rupee weakness and trade-deal uncertainty weighed on sentiment. Technical indicators point to sustained near-term pressure with key support levels being tested.Read More

The Reserve Bank on Wednesday announced a redemption price of Rs 12,801 per unit for two series of sovereign gold bonds.Read More

The US Federal Reserve cut its benchmark rate by 25 basis points, a move anticipated amid cooling inflation and mixed economic data. This decision, influenced by government shutdown delays and political pressure, sets a precedent for global monetary policy, impacting India’s financial markets and currency.Read More

The commentary from BMI comes amid many economists and bond-market experts in India factoring in a further quarter percentage point reduction in policy rates, lowering terminal rate expectations to 5% in the current easing cycle after RBI looked past a sharply retreating rupee to deliver a rate cut last Friday.Read More