#NIFTY50 CLOSING BELL: 18th September, 2014 #Nifty closed positive at 8114.75 (+139.25 or +1.75%) after buying in heavyweight shares continued. #BankNifty closed flat at 16156.85 (+318.25 points or +2.01%). #NiftyGainers: #HeroMotoCo, #DLF, #BPCL & #TataMotors #NiftyLosers: #Infosys, #Mcdowell & #HUL Major economic Movements. #India, #China sign 12 agreements India and China have signed 12 agreements following talks with prime minister Narendra Modi and Chinese President Xi Jinping. Xi Jinping arrived arrived in Gujarat on Wednesday on a three-day visit, which is expected to define the relationship between the two countries. China will set up one industrial park in Gujarat and another in Maharashtra. Federal Reserve kept its interest-rate guidance intact The US Federal Reserve at the end of a two-day policy meeting on Wednesday, 17 September 2014, maintained a commitment to keep US interest rates near zero for a considerable time after the bond-buying program ends even as its rate projections suggested some officials might have in mind a slightly more aggressive path of rate increases next year and in 2016 than previously thought. Low interest rates in the US have triggered large inflow of dollars into emerging markets as investors seek higher yields and India has been one of the major beneficiaries. The Fed has kept its short-term interest rate near-zero since December 2008. #MajorEconomicMovements #NiftyClosingBell #DreamGains
Posted on: Thu, 18 Sep 2014 10:44:02 +0000
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