Asian stocks rise with bond yields as Fed outcome boosts risk sentiment Economic News 

Asian stocks rise with bond yields as Fed outcome boosts risk sentiment

By Administrator_India Capital Sands  Asian stocks followed Wall Street higher on Thursday after the U.S. Federal Reserve said it would end bond-buying stimulus in March to set up three interest rate increases next year to tackle heated inflation. Bond yields rose while the dollar stabilized after slumping overnight as havens fell out of favour. Gold gained along with crude oil. “The economy no longer needs increasing amounts of policy support,” Fed Chair Jerome Powell said in a news conference after the conclusion of the two-day policy meeting. Japan’s Nikkei climbed 1.67%…

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Sensex Nifty Market 

Stocks in focus on October 5, 2020

By Administrator_ India Capital Sands The BSE, the NSE, forex, money and bullion markets were closed on Friday on account of Gandhi Jayanti. The Sensex vaulted 629 points while the Nifty recaptured the 11,400-mark on Thursday as positive macroeconomic data. The 30-share BSE Sensex soared 629.12 points or 1.65 per cent to close at 38,697.05, led by banking and finance stocks. The broader NSE Nifty advanced 169.40 points or 1.51 per cent to finish at 11,416.95. IGL : CNG and piped cooking gas price in the national capital and adjoining…

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