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Late sell-off drags Sensex into red; banking stocks worst hit

Last Updated: Thursday, March 19, 2015, 17:47

The Sensex Thursday closed 152 points down on a late sell-off in bluechips, after rising over 350 points earlier in the session as a dovish Fed stance cooled expectations of an earlier-than-expected US rate hike.

European stocks mixed in opening deals

Last Updated: Thursday, March 19, 2015, 14:07

Europe`s main stock markets diverged at the start of trade on Thursday, as comments by the US Federal Reserve cooled expectations of an early rate hike.

Hong Kong stocks end 1.45% higher

Last Updated: Thursday, March 19, 2015, 13:49

Hong Kong shares jumped 1.45 percent Thursday, in line with a broad regional advance after a dovish Federal Reserve statement cooled expectations of an early summer US interest rate hike.

Brent falls towards $55 as rally fades on inventory build

Last Updated: Thursday, March 19, 2015, 11:07

Brent crude futures fell towards USD 55 a barrel on Thursday after a bigger than expected crude stock build in the United States, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes.

Fed opens door for rate hike even as it downgrades economic outlook

Last Updated: Thursday, March 19, 2015, 00:33

The Federal Reserve on Wednesday moved a step closer to a much anticipated first rate hike since 2006 by removing "patient" from its language, although markets bet on a September hike after it downgraded the expected pace of growth and inflation.

RBI prepared to deal with market volatility from US rate hike: Rajan

Last Updated: Wednesday, March 18, 2015, 21:15

RBI is fully prepared to deal with any volatility in Indian markets, due to US Federal Reserve's policy action on interest rates, and normalcy will be ensured, Governor Raghuram Rajan said Wednesday.

Stocks, rupee gain on hopes US rates wont rise soon

Last Updated: Tuesday, March 17, 2015, 19:31

Indian markets put on a good show Tuesday with Sensex recovering from over 1-month lows and the rupee appreciating 11 paise against the dollar as a batch of tepid US economic data triggered hopes Fed will not raise rates soon.

Sensex rebounds 299 points on hopes US Fed won't hike rates soon

Last Updated: Tuesday, March 17, 2015, 18:03

Tracking positive global cues, the benchmark Sensex Tuesday logged its first rise in three days, gaining about 299 points to end at 28,736.38 as a batch of tepid US economic indicators triggered hopes that Fed will not raise interest rates soon.

Emerging markets must prepare for US rate hike: IMF chief

Last Updated: Tuesday, March 17, 2015, 16:58

In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.

Gold treads water ahead of Fed meeting, hovers around 3-month low

Last Updated: Tuesday, March 17, 2015, 09:35

Gold prices hovered close to their lowest in over three months on Tuesday as traders waited for this week`s Federal Reserve policy meeting to gauge the timing of an U.S. rate hike, while platinum stood near its lowest in 5-1/2 years.

India well prepared to deal with impact of US rate hike: IMF

Last Updated: Monday, March 16, 2015, 20:32

The Fed is widely expected on Wednesday to signal an increase in its low interest rates by June or September, a move that would result in flight of capital from emerging markets, including India.

Euro sinks close to 12-year low versus dollar

Last Updated: Tuesday, March 10, 2015, 21:42

The euro tumbled Tuesday towards a 12-year dollar low, hit by eurozone stimulus, growing US rate hike speculation and Greek debt concerns, dealers said.