Sensex, Nifty to open higher; Suzlon, Ambuja Cements, Nykaa, Essar Shipping shares eyed
The Sensex and Nifty are poised to open higher on F&O expiry day, in line with global equities after the Bank of England intervened in the bond market to stabilise financial markets.
Rupee hits new all-time low of 80.88 against US dollar
Fall comes after a record rise in the US dollar, which hit a two-decade high after the U.S. Fed raised key rates by 75 bps to 3-3.25%.
Fed taper: Why are bond yields moving down?
Any hint of monetary tightening translates into rising bond yields but the counterintuitive move of both 10-year and 2-year yields has left market confused.
Is the central bank the only game in town in a crisis?
Some people believe that central banks are the answer to all of our economic problems. But is that really the case?