Dalal Street gains even as US yields, dollar surge ahead of Fed decision
While the American central bank is expected to increase interest rates aggressively to bring down inflation, the extent of the hike is what the market is watching. Most market participants expect the Fed to raise rate by 75 basis points. Some even expect a rate hike of 100 basis points in the face of economic […]
Cement companies to post strong H2 on cost gains, price rise
The capacity utilisation for most of the large cement manufacturers is between 77 per cent and 85 per cent. As demand improves, companies are likely to either increase cement prices or retain the recent price jumps.