Page 7 - Us Fed Rate Hike
5 reasons why BofA Securities has cut year-end Nifty target to 14,500
Clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022., it said
 "5 reasons why BofA Securities has cut year-end Nifty target to 14,500")
Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood
In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said
 "Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood")
Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400
CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down
 "Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400")
Five pressure points to watch in Asian markets after Fed's 75 bps hike
Asia traders are waking up to a relief rally across the Pacific after Federal Reserve Chair Jerome Powell promised the biggest rate hike since 1994 won't be the rule
 "Five pressure points to watch in Asian markets after Fed's 75 bps hike")
Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato
Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.
 "Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato")
US Fed's biggest rate hike since 1994, Wall Street sounds a recession call
The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that's remained stubbornly high
 "US Fed's biggest rate hike since 1994, Wall Street sounds a recession call")
Gold gains 1% as dollar, Treasury yields ease as Fed verdict looms
Spot gold climbed 0.9% to $1,824.80 per ounce by 1002 GMT while U.S. gold futures rose 0.8% to $1,827.30
 "Gold gains 1% as dollar, Treasury yields ease as Fed verdict looms")
Asia shares subdued, dollar on a high as Fed's aggresive rate hike looms
Asian markets were in a pensive mood on Wednesday as shell-shocked investors waited to see just how aggressive the Federal Reserve would be on rates
 "Asia shares subdued, dollar on a high as Fed's aggresive rate hike looms")
Fed's Christopher Waller backs 50 bps rate hikes at 'several' meetings
US central bankers raised rates by a half point this month to cool the hottest inflation in 40 years and have signaled they'll hike by the same amount again at their meetings in June and July
 "Fed's Christopher Waller backs 50 bps rate hikes at 'several' meetings")
India is among the least favoured markets in Asia: Sunil Tirumalai of UBS
As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said
 "India is among the least favoured markets in Asia: Sunil Tirumalai of UBS")
Sensex falls 865pts from day's high, ends flat; RIL dips 2%, IT stocks gain
CLOSING BELL: Around 3:30 PM, the mega IPO of Life Insurance Corporation (LIC) was subscribed 91 per cent with policyholders' quota seeing a subscription of 2.79 times
 "Sensex falls 865pts from day's high, ends flat; RIL dips 2%, IT stocks gain")
Sensex tanks 1,307pts on RBI's sudden 40bps rate hike; Nifty breaks 16,700
Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.
 "Sensex tanks 1,307pts on RBI's sudden 40bps rate hike; Nifty breaks 16,700")
Gold hovers near 2-1/2-month low; investors focus on Fed rate decision
Spot gold was flat $1,863.16 per ounce by 1144 GMT, after touching its lowest since Feb 16 of $1,849.90 earlier.
 "Gold hovers near 2-1/2-month low; investors focus on Fed rate decision")
US Fed Policy Preview: What are the markets expecting?
The US Fed is all set to announce its second consecutive rate hike, a first in 16 years. A 50-basis point rate hike has already been priced in by the markets. But is it prepared for a higher quantum?
 "US Fed Policy Preview: What are the markets expecting?")
Is the US Fed rate hike always bad for equity markets? What analysts say
While the general consensus is of 6-7 rate hikes this year by the US Fed, there are some who expect lower rate hikes and a slowdown in the economy
 "Is the US Fed rate hike always bad for equity markets? What analysts say")
Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts
Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023
 "Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts")
Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink
CLOSING BELL: SBI, HUL, IndusInd Bank, Axis Bank, Dr Reddy's Labs, Bajaj Finserv, and ICICI Bank fell in the range of 2-3 per cent
 "Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink")
Factors that could slow down the spawning of Indian unicorns in 2022
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
 "Factors that could slow down the spawning of Indian unicorns in 2022")
US Dollar steadies after hitting fresh 20-year high on yen
The dollar's gains have been most striking against the yen, climbing to its highest level of 128.32 yen against the Japanese currency since May 2002
 "US Dollar steadies after hitting fresh 20-year high on yen")
Goldman Sachs sees gold prices hitting $2,500/oz by year-end
Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 an ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession
 "Goldman Sachs sees gold prices hitting $2,500/oz by year-end")