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Fed Rate Hike by 75 basis points for the straight second month. The Federal Reserve officials raised the interest rates. Jerome Powell, Chair of Federal Reserve, US, said that the same hike can happen again. While rejecting the speculation that the economy of the US is in recession.

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www.thebiographypen.com/fed-rate-hike-for-second-time/

 

Fed Rate Hike by 75 basis points for the straight second month. The Federal Reserve officials raised the interest rates. Jerome Powell, Chair of Federal Reserve, US, said that the same hike can happen again. While rejecting the speculation that the economy of the US is in recession.

 

Read More : www.thebiographypen.com/fed-rate-hike-for-second-time/

FII’s have been net buyers worth 3270 Cr in Index Options & 2162 Cr in Index Futures. Nifty is expected to open at 8217. Read Stock Market Today by Shailesh Saraf at goo.gl/WlWrai

Indian Market Outlook: FII continued their buying spree across all segments in the Indian markets after buying worth Rs.15747 Cr in Index Options, worth Rs.8474 Cr in Index Futures and worth Rs.1095 Cr in the cash segment in last 5 days.

 

Nifty the Indian benchmark index saw consolidation at 8200 levels after 7720 the low made on Tuesday 24th.

Read More .... goo.gl/8EJMbp

Indian Market Outlook: FED interest rate most likely to be hiked from 25 bps to 50 bps in the scheduled June 15 FED meeting, further confirmation will come if 3 month US treasury yield trades above 36 bps. The open interest data, SEBI's P-Note decision along with FED rate hike expectation in June 15 might put further selling pressure in Nifty. However, the short term trend would be sell only if Small Cap trades below 5090. Nifty is opening 16 points gap down at 7728 from yesterday's close of 7744 at 8:25 am IST. Read More .... goo.gl/dcdJLO

The US dollar strengthens against a basket of major currencies on Thursday due to a combination of better-than-expected US economic data and a dovish stance from the European Central Bank. These factors have prompted investors to reconsider their assumptions about the Federal Reserve's interest rate hikes. The US economy showed faster growth in the second quarter, supported by robust consumer spending and increased business investments in equipment, which may help stave off a recession.

 

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