Page 2 - Us Fed Monetary Policy
F&O expiry: Sensex soars 1,041 pts, Nifty tops 16,900; Bajaj twins leap 10%
CLOSING BELL: Tata Steel, Kotak Bank, IndusInd Bank, Nestle, Infosys, Asian Paints, and Tech M were the other outperformers, up between 3 per cent and 4.6 per cent
 "F&O expiry: Sensex soars 1,041 pts, Nifty tops 16,900; Bajaj twins leap 10%")
Gold prices tick up on softer dollar, US Fed policy view in focus
(Reuters) - Gold prices rose on Wednesday, buoyed by a softer U.S. dollar, though prices were range-bound as investors were cautious ahead of the U.S. Federal Reserve's policy decision later in the day.
 "Gold prices tick up on softer dollar, US Fed policy view in focus")
Inflation risk has peaked in Asia; rate hikes may moderate: Morgan Stanley
Inflation as measured by the CPI index stood at 7.04 in May 2022, higher than the Reserve Bank of India's (RBI's) comfort zone of 2 - 6 per cent
 "Inflation risk has peaked in Asia; rate hikes may moderate: Morgan Stanley")
Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400
CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down
 "Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400")
Sensex ends 152 pts lower ahead of US Fed decision; Nifty dips below 15,700
CLOSING BELL: NTPC, Infosys, HUL, Wipro, and RIL slipped over 1 per cent each
 "Sensex ends 152 pts lower ahead of US Fed decision; Nifty dips below 15,700")
Sensex falls 153pts; Nifty below 15750; Bajaj Auto dips 5%, Adani Ent up 6%
CLOSING BELL: Select IT, metals, and pharma stocks helped the headline indices recover from the day's low
 "Sensex falls 153pts; Nifty below 15750; Bajaj Auto dips 5%, Adani Ent up 6%")
Gold set to snap 5-session winning run by stronger dollar ahead of Fed mins
(Reuters) - Gold prices fell on Wednesday as the dollar firmed in the run-up to minutes from the U.S. Federal Reserve's May policy meeting, which could provide cues on its policy tightening path.
Quantum, timing of RBI rate hike has surprised the markets: Analysts
In the last policy meeting in April, the monetary policy committee (MPC) of the RBI had shifted its focus to tackle the rising inflation in India after the Russian invasion of Ukraine
 "Quantum, timing of RBI rate hike has surprised the markets: Analysts")
Fed's Brainard sees rapid balance sheet runoff, rise to neutral
"I think we can all absolutely agree inflation is too high and bringing inflation down is of paramount importance," Federal Reserve Governor said at a conference at the Minneapolis Fed
 "Fed's Brainard sees rapid balance sheet runoff, rise to neutral")
US Fed policy and market impact
Investors in India are worried about a possible interest rate hike by the US Fed, which is under pressure to cap inflation. Experts believe that a 25 basis point hike is already penciled in.
 "US Fed policy and market impact")
TMS Ep130: Smartphone production, EPF rate, markets, submarine cable
Will lockdown in China impact India's phone production? What should you do after EPF interest rate cut? How will the market react to US Fed meeting? What are submarine cables? All answers here
 "TMS Ep130: Smartphone production, EPF rate, markets, submarine cable")
Global stock recovery takes a breather ahead of US inflation numbers
European stocks were mostly higher or unchanged on the day, while U.S. futures pointed to small declines at the open on Wall Street
 "Global stock recovery takes a breather ahead of US inflation numbers")
The reason investors are sticking with gold despite easy money ending
Money managers back the asset because they see real yields remaining negative as the US Fed struggles to tighten policy enough to push interest rates above inflation.
 "The reason investors are sticking with gold despite easy money ending")
US Fed officials nod to March rate hike as inflation drumbeat grows louder
The central bank in December announced plans to buy its last tranche of government securities in February, sooner than it had projected just a month earlier.
 "US Fed officials nod to March rate hike as inflation drumbeat grows louder")
Powell says economy can withstand Fed tightening, Omicron surge
Powell told the Democratic-controlled panel that stabilizing prices was necessary to keep an economic expansion and employment growth underway.
 "Powell says economy can withstand Fed tightening, Omicron surge")
US policy normalisation to impact risk assets: Nippon India MF's Tripathi
Fed policy action will have a bearing on risk assets and global liquidity, says Amit Tripathi
 "US policy normalisation to impact risk assets: Nippon India MF's Tripathi")
Broader markets rally up to 3% ahead of Fed outcome; Nifty Media jumps 13%
NSE Nifty settled the day in the red ahead of the FOMC outcome later today
 "Broader markets rally up to 3% ahead of Fed outcome; Nifty Media jumps 13%")
Sensex jumps 514 pts, ends above 59k; Nifty Realty up 4%, auto worst loser
Only 10 stocks from the Nifty basket closed in the red
 "Sensex jumps 514 pts, ends above 59k; Nifty Realty up 4%, auto worst loser")
Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief
Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria
The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months
 "Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria")
