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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 headed for subdued start after Fed rate pause
Description: India’s benchmark indices — Sensex and Nifty 50 — are likely headed for a subdued start on June 15, as SGX Nifty indicated this morning after the US Federal Reserve decided to keep interest rates unchanged.
Also, as expected, the Fed paused but was a hawkish pause. It seems to be undecided about July but has indicated that there are more hikes ahead. Meanwhile, the US markets are a closed mix.
There are other global queues too to watch out for. For example, China has cut its key policy rates for the first time in 10 months because the economic data n...