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Indian shares are set to open higher on Friday, tracking a rise in global stocks after the U.S. Federal Reserve signalled that further rate hikes were unlikely, while Bajaj Finance will be in...
While most experts expect the positive sentiment to continue in May with hopes of the Indian bourses hitting new highs, however, some experts also see some correction in the near term as elections are likely to bring some volatility in the markets.
US Fed Meeting Outcome today: Analysts expect a status quo in the Fed's benchmark rate, which is hovering at a 23-year high of 5.3 per cent, after three straight higher-than-expected inflation reports
US Fed meet begins today: The US Federal Reserve's policy meeting is a key event this week. Inflation remains above 2 per cent, leading to expectations of no rate cut. Experts anticipate the Fed will maintain interest rates due to high inflation and economic concerns.
India Business News: Stock market today: BSE Sensex and Nifty, the Indian equity benchmark indices, rallied in opening trade on Monday. BSE Sensex surged over 400 points t