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tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20 September 2023.
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- September 20, 2023 06:55
Stock Market Live Today: Asia Stocks decline amid Fed rate hike expectations
Stocks in Asia declined following modest losses on Wall Street as investors anticipated the Federal Reserve’s policy decision. Traders were placing their bets on the expectation that interest rates would remain elevated for an extended period to combat inflation.
At the market open, benchmark indexes in Japan and Australia were trading lower. Hong Kong’s equity futures slipped, and U.S. stock futures remained largely unchanged during Asian trading on Wednesday. This followed the S&P 500’s decline, although it recovered from its session lows.
In specific market movements, Japan’s Nikkei 225 index weakened by 0.26% to 33,154.69, while the broader Topix index was down 0.35% at 2,421.8. South Korea’s KOSPI index traded unchanged at 2,560.65, and Australia’s S&P/ASX 100 index declined by 0.29% to 6,030.90.
- September 20, 2023 06:54
Stock Market Live Today: Wall Street slides amid Fed meeting anticipation
On Tuesday, Wall Street experienced a decline as cautious market sentiment prevailed due to the U.S. Federal Reserve’s highly awaited two-day monetary policy meeting.
In a widespread sell-off before the Fed’s forthcoming interest rate announcement on Wednesday, all three major indexes concluded the session in negative territory. The consensus expectation is that the Fed will opt to maintain key interest rates at their current levels.
The indexes closed down as follows: Dow by 0.31%, S&P by 0.22%, and Nasdaq by 0.23%.
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Published on September 20, 2023
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