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IT, real estate stocks lead market rally

IT stocks are the biggest gainers in Thursday’s monster rally of more than 800 points after the US Fed gave a dovish message on interest rates.

The saving grace was that we had a holiday on Tuesday to welcome Lord Ganesh for his annual trip, otherwise things could have been even worse

Even though the ‘Hawkish pause’ from the US Fed was on expected lines, the US markets reacted negatively since the indication from the Fed is that...

US Fed meet on interest rates also weigh on bourses; weekly F&O expiry to influence trading

With US dollar index above 105 mark and the US bond yields at 4.3%, market players do not expect much buying from FIIs in near term

Broader market momentum remains positive; FIIs may turn net buyers in India if the US Fed doesn’t hike interest rates in upcoming monetary policy

The RBI Governor-headed six-member Monetary Policy Committee's (MPC) meeting is scheduled on August 8-10

The interest rate hike by the US Fed failed to boost sentiments in the domestic market, which saw a steep decline led by banking and auto stocks,...