Thursday, 17 December 2015

Latest Trends on Equity Market Trading

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The S&P BSE Sensex surged over 100 points in morning trade on Thursday, tracking Asian markets which were trading higher after US Federal Reserve on expected lines hiked rates by 25-basis-point almost after a decade.The Nifty50 reclaimed its crucial resistance level of 7,800 supported by gains in auto, banks, metals, realty, and power stocks.

It would be the first U.S. rate hike in nearly a decade, signalling the beginning of an end to an expansionary monetary policy that has supplied a tidal wave of liquidity to risk asset markets globally.

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