New Delhi, Feb. 19 -- The stock market on 18 February: A recap
On 18 February, the equity markets ended with the broader indices mostly unchanged, as market participants adopted a wait-and-see approach ahead of the release of the Federal Open Market Committee's meeting minutes today, 19 February. One is not expecting a hawkish stance from the US Federal Reserve, this could diminish the likelihood of interest rate cuts in 2025, potentially triggering increased foreign capital outflows from Indian markets.
Trading began on a muted note and remained under pressure throughout the day due to disappointing corporate earnings and ongoing foreign selling. The Nifty was weighed down by declines in FMCG and auto stocks, while the broader market f...
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