Mint Evening Market Wrap artwork

125: 17.09.2020 | Weakness in global peers on Fed comments drag India markets

Mint Evening Market Wrap

English - September 17, 2020 12:50 - 5 minutes - 4.99 MB
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Previous Episode: 124: 16.09.2020 | Markets extend upmove, investors await Fed met outcome
Next Episode: 126: 18.09.2020 | Markets flat; telecom and healthcare buck trend

In sync with global peers, Indian markets reacted after the US Federal Reserve failed to meet expectations of investors. Despite Fed pledging to keep interest rates low, markets were disappointed due to lack of further inputs or immediate stimulus measures.