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Day after sharp gains, Sensex declines over 1% on heavy selling in RIL, Bajaj Finance

In its December 2023 policy, the US Fed had signalled that it may start cutting interest rates as early as March this year. However, on January 16, Federal Reserve System’s Governor Christopher J Waller said that interest rate cuts need to be calibrated and not rushed, which dampened the hopes of early rate cuts by the US central bank. ....

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Foreign investors sell equities worth Rs 24,734 cr in January

The FPI sell-off in January was also one of the reasons for the fall in benchmark indices, Sensex and Nifty, which had tanked around 2 per cent in a highly volatile month. ....

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Bitcoin holding steady just below key $38,000 line

Bitcoin failed to find the support from investors it needed to maintain its momentum above $38,000 and is down by 0.5% at $37,710. ....

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