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Sensex ends 139 pts higher ahead of Fed policy outcome; Realty stocks gain

All that happened in the markets today

SI Reporter  |  New Delhi 

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Nifty Realty index ends 0.79% higher COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME OBEROI REALTY 502.50 482.60 19.90 4.12 1140716 INDBULL.REALEST. 204.30 199.45 4.85 2.43 9093427 GODREJ PROPERT. 739.70 732.30 7.40 1.01 142705 DLF 216.05 215.40 0.65 0.30 3574369 BRIGADE ENTERPR. 255.90 255.25 0.65 0.25 98916 Sectoral Trend BSE Sensex: Airtel, NTPC top gainers of the day, Tata Steel top loser Market at close   The S&P BSE Sensex ended at 33,136, up 139 points while the broader Nifty50 index settled at 10,155, up 31 points. Ashok Leyland moves north after large order for buses Ashok Leyland was up 1.47% to Rs 148 on BSE after the company said it has bagged an order from The Institute of Road Transport, Tamil Nadu for supply of 2,100 buses. The announcement was made during market hours today. READ MORE   Volume Toppers COMPANY PRICE() CHG() CHG(%) VOLUME REL. COMM. 25.45 2.30 9.94 11247694 JP ASSOCIATES 19.50 -0.50 -2.50 7690967 UNITECH 6.07 0.00 0.00 6342765 IDBI BANK 74.95 1.30 1.77 4271013 SUZLON ENERGY 11.30 0.00 0.00 3357190

Sensex, rose on Wednesday, with financial accounting for nearly half the gains, while investors awaited the outcome of the US Federal Reserve policy meet later in the day.

The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust US economy.

The US central bank projected late last year that it would lift rates three times in 2018, but some investors believe the fiscal stimulus and recent hints of inflation pressures will push policymakers to add an additional increase to the mix.

In the global markets, a hush settled over financial on Wednesday as investors waited to hear how often the Federal Reserve might hike interest rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.

MSCI’s broadest index of Asia-Pacific outside Japan was barely changed after four straight days of losses. Japan's Nikkei was closed for a local holiday.

(with Reuters inputs)

First Published: Wed, March 21 2018. 15:30 IST
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Sensex ends 139 pts higher ahead of Fed policy outcome; Realty stocks gain

All that happened in the markets today

All that happened in the markets today
Sensex, rose on Wednesday, with financial accounting for nearly half the gains, while investors awaited the outcome of the US Federal Reserve policy meet later in the day.

The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust US economy.

The US central bank projected late last year that it would lift rates three times in 2018, but some investors believe the fiscal stimulus and recent hints of inflation pressures will push policymakers to add an additional increase to the mix.

In the global markets, a hush settled over financial on Wednesday as investors waited to hear how often the Federal Reserve might hike interest rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.

MSCI’s broadest index of Asia-Pacific outside Japan was barely changed after four straight days of losses. Japan's Nikkei was closed for a local holiday.

(with Reuters inputs)
image
Business Standard
177 22

Sensex ends 139 pts higher ahead of Fed policy outcome; Realty stocks gain

All that happened in the markets today

Sensex, rose on Wednesday, with financial accounting for nearly half the gains, while investors awaited the outcome of the US Federal Reserve policy meet later in the day.

The Federal Reserve is expected to raise interest rates at its first policy meeting under Chairman Jerome Powell and may signal more hikes are coming in response to tax cuts and government spending that could further stoke a robust US economy.

The US central bank projected late last year that it would lift rates three times in 2018, but some investors believe the fiscal stimulus and recent hints of inflation pressures will push policymakers to add an additional increase to the mix.

In the global markets, a hush settled over financial on Wednesday as investors waited to hear how often the Federal Reserve might hike interest rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.

MSCI’s broadest index of Asia-Pacific outside Japan was barely changed after four straight days of losses. Japan's Nikkei was closed for a local holiday.

(with Reuters inputs)

image
Business Standard
177 22