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The Federal Reserve has initiated its first interest rate cut since December, reducing it by a quarter-point to 4.1% due to growing concerns about the labor market's health. Projections indicate two more cuts this year and one in 2026, despite investor expectations for more.
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News and Media
Indian stock indices closed higher on Wednesday, buoyed by expectations of a US Federal Reserve rate cut. Investors anticipate a 25-basis point reduction and are keenly awaiting commentary on future monetary policy. Easing foreign fund outflows and positive Fed signals could propel the Nifty towards new highs, with mid and small-cap indices also showing gains.
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News and Media
SEBI is planning to broaden institutional involvement in the commodity derivatives market by engaging with the government to permit banks, insurers, and pension funds to participate in trading. The regulator is also mulling over allowing foreign portfolio investors to trade in specific non-agricultural commodity derivative contracts.
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News and Media
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