Stock market today: Gift Nifty hints weak start; US-Iran deal, Fed policy to crude oil prices - 8 stocks to buy
New Delhi, June 18 -- Indian benchmark indices, Sensex and Nifty 50, are likely to open on a muted note on Thursday, 18 June, amid mixed global cues, as optimism over a potential US-Iran peace agreement offsets concerns stemming from the US Federal Reserve's hawkish policy stance.
Asian markets traded in positive territory, while Wall Street ended lower overnight after the Federal Reserve signalled the possibility of further interest rate hikes later this year.
Domestic equities, however, remained resilient in the previous session, extending gains for a fourth consecutive day. Investor sentiment was supported by hopes of easing geopolitical tensions in the Middle East and a continued decline in crude oil prices.
On Wednesday, the BSE S...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.