US Short-End Yields Fall After Warsh Signals Fewer Fed Meetings
Short-dated US Treasury yields and the dollar fell after Federal Reserve Chairman Kevin Warsh said officials will have fewer interest-rate setting meetings starting next year.
The latest market stories, updated through the day.
Short-dated US Treasury yields and the dollar fell after Federal Reserve Chairman Kevin Warsh said officials will have fewer interest-rate setting meetings starting next year.
USA-STOCKS/ (UPDATE 6, GRAPHIC):US STOCKS-Wall Street mostly rises as Fed holds key rate steady, deferring next likely hike to December
The US Federal Reserve held rates steady, but that may not be enough to lift Indian equities. Experts say the decision was already priced in, while crude oil near $115 a barrel, rising US bond yields, rupee weakness and foreign investor selling remain bigger risks. Here’s what may come next.
The Federal Reserve kept interest rates unchanged on October 28, giving policymakers time to assess the effects of its previous hike as inflation remained above target. The decision came less than a week before midterm elections, with living costs and affordability major voter concerns.
SK Hynix’s record third-quarter profit, driven by demand for advanced semiconductors, lifted Asian and US chip shares and renewed optimism about AI.
TSF Investments sells 3.74% of TVS Holdings via bulk deal, transferring 7.56 lakh shares to VS Trust and Srinivasan Trust.
Crompton Greaves Consumer Electricals shares rose 4% to ₹204. Choice Equity Broking sees scope for a recovery toward ₹230, citing support at ₹190– ₹200 and improving technical indicators. Other brokerages maintain Buy ratings with targets of ₹275– ₹300.
SEBI chief urges speed in market regulation while defending separation of powers and addressing liquidity, self-listing, and shell company delisting.
PC Jeweller shares fell for a fifth consecutive session, losing nearly 14% in a week after reaching a 52-week high. The pullback follows a 67% six-month rally and appears driven by profit-taking, despite the company reporting a 58% annual rise in second-quarter net profit.
Vedanta Limited and Vedanta Aluminium both more than doubled their net profits in Q2FY27. Vedanta earned ₹3,650 crore, while VAML reported ₹5,167 crore. Higher commodity prices and production supported results, and both companies reduced debt.
Apollo Micro Systems posted a strong quarterly performance, with revenue up 72.2% and net profit up 55.6% year on year. Systematix kept its Buy call and ₹570 target, citing growth prospects and an expected ₹120 billion in order inflows over two years.
Nifty 50 closed at 22,698.85, down 50.90 points or 0.22%, its second consecutive session of losses and Sensex settled at 73,246.03, down 352.64 points
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