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Thursday 14 June 2018

Free Share Market Tips: Fall of market by Fed decision

Rudra Investment provides Free Share Market Tips expert report, The US Fed decision is showing weakness in the markets worldwide. It also showed its impact on the domestic market and started with the decline of Sensex and Nifty. At the beginning of the trading, the Sensex fell 118 points to open at 35621 level. At the same time, the Nifty also dropped 34 points to 10822 level. After the US Fed favoured interest rates, the US markets closed with weaknesses, while Asian markets are also declining.



What stocks fall, the boom in

During the business, there is an increase of 1.40 per cent in Dr Reddy's, Cipla, Airtel, Lupine, Sun Pharma, Vakrangi, Quality, Sharda Crops, PC Jewelers. At the same time, the Axis Bank, IOC, Hindustan Petroleum, Ultratech Cement, SBI, Oberoi Realty, Renuka, MindTree and MoIL are down 1.13%.

7 index in red mark

During the business, 7 of the 11 indexes on Nifter are doing business in red mark. The highest 1.02 percent fall is seen in the IT index. At the same time, banking stocks also fall. PSU Bank Index was 0.68 per cent, private bank index 0.26 per cent and Nifty Bank index declined by 0.20 per cent. Realty index is down 0.53 percent and metal is down 0.09 percent. At the same time, the pharma index rose by 0.47 percent. There is a slight increase in the auto and FMCG.

US Fed raises rates by 0.25 percent

Free Share Market Tips expert says The US Federal Reserve has raised interest rates by 0.25 percent on Wednesday. At the same time, they have also indicated that rates can be increased by 2 times this year. In the meeting, the official admitted that the economy of the US is on the way to strength so it will not be a problem to bear this burden. The official says that there will be no impact on economic growth.

Fed chairman Jerome H Powell said that the US economy is growing steadily.

Unemployment has declined in the US and the ability to spend on people has increased. In the US, the rate of inflation is estimated to be 2 percent for 2018. While in the US, it is expected to grow 2.8 percent in 2018. The Federal Reserve is expected to rise 2 times this year and 3 times in 2019.

Impact on markets worldwide

After the Fed decision, there is a stir in markets across the world. Dow Jones closed 120 points down on Wednesday's trade. Nasdaq and S & P also dropped. Let us know that after 2008, the US bond yield has remained high. The 10-year bond yield in the US has crossed 3%. At the same time, Asian markets are also under pressure. SGX Nifty is also doing business with weakness.

There is a decline of 108 points in Nikkei during the business. At the same time, 11 points in the Straight Times, 191 points in Hong Kong, 105 points in Taiwan weighted, 39 points in KOSPI and 9 percent decline in Shanghai composite.

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