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Thursday, May 16, 2024

Sensex swings 1,200 points, ends higher even as volatility spikes

Dalal Street witnessed ongoing volatility with the sensex fluctuating over 1,200 points intraday, driven by domestic fund buying. India VIX surged, FIIs sold off funds, and news of new stocks on the MSCI index hinted at fresh FPI flows. Prashanth Tapse commented on the market's volatile trading session.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xJHCWnU

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...