The broader NSE Nifty took back the 7,900-mark
during the session. All eyes are now on the crucial two-day US Federal
Reserve meeting starting today, where the rate-setters are going to take
a call on raising the borrowing costs for the first time in almost a
decade.
Sentiment remained upbeat as investors are hopeful that the Reserve Bank would cut rate for the fourth time this year at its policy review on September 29 after data showed retail inflation easing to 3.66 percent in August, much below the RBI's guidance level. http://post.jagran.com/sensex-gets-a-dose-of-optimism-up-258-points-ahead-of-fed-meet-1442377106
Sentiment remained upbeat as investors are hopeful that the Reserve Bank would cut rate for the fourth time this year at its policy review on September 29 after data showed retail inflation easing to 3.66 percent in August, much below the RBI's guidance level. http://post.jagran.com/sensex-gets-a-dose-of-optimism-up-258-points-ahead-of-fed-meet-1442377106
Source: Business News
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