Domestic markets are likely to open lower in Thursday’s trade after the US Federal Reserve hiked interest rates to 75 basis points (bps) by fourth consecutive time, taking the benchmark lending rate to 3.75-4 per cent. At 8:15 am, the SGX Nifty quoted at 17,991 levels, down 91-odd points. Globally, the US markets plunged into […]
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Indian equity markets are likely to start Tuesday’s trade on a positive note, supported by steady foreign flows, drop in crude oil prices, and hopes of softened rate hike cycle. At 8:00 am, the SGX Nifty quoted at 18,181 levels, indicating an upside of 120 points. Globally, weak big tech earnings weighed on the US […]
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