Market Watch

  • Indian shares edged down on Friday after hitting one-year highs in the previous session, as investors booked profit in banks and financials while disappointing stimulus measures from the Bank of Japan weighed on investor sentiment.
     
    The BOJ doubled purchases of ETFs, but maintained its base money target at 80 trillion yen ($775 billion) and the pace of purchases of other assets, including Japanese government bonds.
     
    The central bank also held at 0.1 percent the interest it charges to a portion of excess reserves fi

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  • The Federal Reserve on Wednesday voted 9-1 to leave U.S. interest rates unchanged, but central bankers appear more open to a September increase in light of an improved economy. The Federal Reserve opted Wednesday not to raise interest rates, despite painting a rosier economic picture than it did just a month ago.
     
     
     
     
    As expected, the Federal Open Market Co

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  • The NSE Nifty rose to its highest since April last year while the benchmark BSE Sensex reached near one-year high as the central government and states made some headway on the Goods and Services Tax bill.
     
    State finance ministers backed the tax bill after meeting with Finance Minister Arun Jaitley on Tuesday, rallying hopes of the bill getting cleared by the Rajya Sabha (upper house of parliament) in the current monsoon session.‎
     
    The sentiment was also boosted by hopes of stimulus by the Bank of Japan. Prime M

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  • Indian shares ended lower on Tuesday after the broader NSE Nifty hit a one-year high as investors booked profits ahead of a state ministers' meeting to discuss the Goods and Services Tax bill.
     
    The Nifty ended 0.52 percent down at 8590.65, after two consecutive sessions of gains, after touching a year high of 8644.90.
     
    The BSE Sensex pared early gains and closed 0.42 percent down at 27,976.52.
     
    India's second-largest drugmaker Dr Reddy's Laboratories Ltd was the bigge

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