Indian Shares Seen Lower After Hawkish Fed

MacroDigital Finance
โดย RTTNews·Read original
Summary · why it matters

Indian shares are expected to open slightly lower on Thursday as investors digest a hawkish Federal Reserve policy stance. The Fed held rates steady but signaled at least one hike this year, while new Chair Kevin Warsh removed forward guidance and the dot plot, urging markets to focus on incoming data. Benchmark indexes Sensex and Nifty rose about half a percent each on Wednesday, extending a four-day winning streak, and the rupee firmed for a fourth session to 94.50 per dollar. Foreign investors net bought Rs 102 crore of shares, while domestic institutions purchased Rs 1,561 crore. Overnight, U.S. stocks fell over 1 percent and Treasury yields climbed, while Brent crude slid nearly 2 percent toward $78 a barrel on easing geopolitical tensions and an IEA supply glut warning.

Impact on stocks 0