By Ritika Chhabra The Federal Reserve hiked the Fed fund rate by 75bps yesterday, in line with the market expectations. Counting in the latest hike, the policy rate is now set to a range of 2.25% to 2.5%. This is the first back-to-back 75bps rate hike in the US since the 1980’s. However, what cheered […]
Indian benchmark indices are likely to snap their losing streak to open in the green, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading higher, up 32.5points, at the 17,211.5 level. Domestic indices extended losses for the third session in a row. Nifty sank 258 points to close at 17,154, under the 17,200 […]