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The Fed is getting ready for its ‘biggest meeting of the year’

The Federal Reserve is about to make a momentous decision that should not be taken lightly. The central bank is widely expected to announce the start of a reduction in its $4.4 trillion balance sheet at the conclusion of its meeting on September 20. It’s a move the Fed hopes will go smoothly, but which has

MCX COMMODITY MARKET NEWS & LEVELS – 20 SEP 2017

Gold Gains In Asia Ahead Of Fed Policy Views. Gold prices gained in Asia on Wednesday with the Fed policy review expected to follow a well-telegraphed script on interest rates and reducing the balance sheet, though some investors are looking for language that suggests a shift to a more dovish outlook. Overnight, gold prices were

Stocks to look out for today: 20 SEP 2017

In the last trading session, Nifty opened with a positive bias, however, it failed to sustain at higher levels and ended the day with modest losses. Going forward, further expansion on the upside can be expected if Nifty sustains above the zone of 10,180-10,200, in this case Nifty may move up to levels of 10,240-10,300

INDIAN EQUITY MARKET WRAP UP – 19 SEP 2017

INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT AHEAD OF FED MEET Even as the Nifty touched a record high in opening tick, consolidation and range-bound moves continued on frontline indices on Tuesday. The Sensex closed down 21.39 points at 32402.37, while the Nifty was down 4.05 points at 10149.05. The market breadth was negative as 1288

TOP CORPORATE NEWS- 19 SEP 2017

Tata Chemicals gains on share sale to Tata Sons Tata Chemicals has sold its stake in Tata Global Beverages to Tata Sons during Tuesday’s trade. The company has sold 4,31,75,140 equity shares of face value of Rs 1 each of Tata Global Beverages Limited to Tata Sons Limited at price of Rs 213.35 per share

MCX COMMODITY EVENING NEWS UPDATES – 19 SEP 2017

Gold Prices Near 3-Week Lows Ahead of Fed Meeting, Trump Speech – Gold prices inched a bit higher on Tuesday, but remained within sight of their lowest level in around three weeks as investors looked ahead to a Federal Reserve policy meeting for any new insight on the timing of the next U.S. rate hike and clues

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