Market Watch

  • The U.S. Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further.
     
     
    The Fed said U.S. economic activity had picked up and job gains were "solid" in recent months.
     
    "The case for an increase in the federal funds rate has strengthened,&q

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  • Indian shares fell on Friday, tracking weak regional equity markets, as investors booked profits following reports of a nuclear test in North Korea and amid uncertainty over the European Central Bank's future policy steps.
     
    The benchmark BSE Sensex ended 0.85 percent lower at 28,797.25, but posted a weekly gain of 0.93 percent.
     
    The broader NSE Nifty closed down 0.96 percent at 8,866.70, but recorded a gain of 1.62 percent for the week.
     
    No major event is lined up on domestic

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  • The BSE Sensex posted its worst week since early May on Friday, as investors stayed on the sidelines ahead a speech by U.S. Federal Reserve Chair Janet Yellen in Jackson Hole, Wyoming later in the day.
     
    The Sensex ended down 0.19 percent at 27,782.25, posting a fall of 1 percent for the week, its worst weekly performance since the week ended on May 6.
     
    The broader NSE Nifty closed 0.23 percent lower at 8,572.55 and was down 0.86 percent for the week, its biggest weekly loss since the week ended on June

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  • Indian shares reversed early gains and closed at their lowest in two weeks as investors booked profits a day before U.S. Federal Reserve Chair Janet Yellen's speech that is expected to provide clues on outlook for U.S. interest rates.
     
    Thursday's trading session was volatile on account of monthly derivative contracts expiry.
     
    Firming up as much as 0.38 percent earlier in the day, the broader NSE Nifty slipped in the latter half to close down 0.67 percent at 8,592.20, recording its biggest loss since August

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  • Indian shares closed slightly higher on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further cues on whether the U.S. Federal Reserve will raise interest rates this year.
     
    The benchmark BSE Sensex closed 0.25 percent higher at 28,059.94, while the broader NSE Nifty ended up 0.21 percent at 8,650.30.
     
    Aurobindo Pharma jumped 7 percent after the company on Tuesday reported a 24 percent rise in its June-quarter consolidated profit,

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