X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Sensex Witnesses Volatility Ahead of FOMC Decision
Wed, 15 Mar 11:30 am

After opening the day on a flat note, share markets in India witnessed volatile trades and are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the telecom sector and energy sector witnessing maximum buying interest. IT stocks are trading in the red.

The BSE Sensex is trading up 9 points (up 0.03%) and the NSE Nifty is trading up 6 points (up 0.1%). The BSE Mid Cap index is trading up by 0.7%, while the BSE Small Cap index is trading up by 0.6%. The rupee is trading at 65.47 to the US$.

Indian stock markets are witnessing volatility today ahead of the Fed's decision regarding interest rate. Many market participants are of the view that the Fed will increase its interest rates this time. Also, some of the most recent data from the US has fueled optimism for an interest rate hike by the Fed.

Fed Chair Janet Yellen last week signaled that the US central bank would likely raise rates at its March 14-15 policy meeting. It raised interest rates in December 2016 and has forecast three rate hikes for 2017.

The Fed's promise of more interest rate increases would lead to the end of easy money and create big trends that traders can profit from.

Just Released: Multibagger Stocks Guide
(2017 Edition)

In this report, we reveal four proven strategies to picking multibagger stocks.

Well over a million copies of this report have already been claimed over the years.

Go ahead, grab your copy today. It's Free.

NO-SPAM PLEDGE - We will NEVER rent, sell, or give away your e-mail address to anyone for any reason. You can unsubscribe from The 5 Minute WrapUp with a few clicks. Please read our Privacy Policy & Terms Of Use.

To capture these big trends, you need to have a solid trading system in place.

Since March 2015, Apurva Sheth, research analyst, has been helping subscribers beat the benchmark index by a huge margin and generate solid returns in just weeks with his short-term trading service, Swing Trader.

And now Apurva has launched a new trading service, Peak Profit Alert. He intends to capture the longer-term trends of the stocks based on his proprietary trading system, SCOREFASTTM.

This SCOREFASTTM system was built in-house by Apurva. It employs nine crucial indicators to identify trades that can generate double and triple-digit returns in a period of just a few weeks or months. Click here and know more about this service.

In other news, data released yesterday showed India's wholesale price index (WPI) inflation rising 6.55% in February. This was seen on the back of higher fuel, power, and food prices. Fuel and power inflation rose 21.02% in February from 18.14% last month. Food inflation firmed up to 2.69% in February from a 0.56% fall in January.

Along with the WPI, the month of February also saw retail inflation going up by 3.65%.

The above developments dimmed the prospects of an interest rate hike by the Reserve Bank of India (RBI) next month and has also raised concerns about economy growth.

Can Inflation Come Back to Haunt the Economy?

Can Inflation Come Back to Haunt the Economy?

There are many causes of inflation in India and one can say that the inflation in India is here to stay. The real question comes as what can be the best bet to protect your wealth from these inflationary pressures?

One of our editions of The 5 Minute WrapUp answers the above questions by explaining how buying solid stocks can help in beating inflation.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


Please Note: The stock price of Yes Bank on NSE-50 is not adjusted for face value split. Kindly refer to its BSE's quote today for the adjusted price.

Equitymaster requests your view! Post a comment on "Sensex Witnesses Volatility Ahead of FOMC Decision". Click here!

  

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Sep 22, 2017 11:36 AM

MARKET STATS