News Snapshot:
India’s benchmark indices Sensex and Nifty50 edged lower in morning trade on Thursday amid volatility following a 25 basis point rate hike by the US Fed’s Federal Open Market Committee (FOMC). IT stocks emerged as the top drags, while Hindustan Aeronautics fell 5%. US-based short seller Hindenburg Research announced that another report is coming soon. Advertisement Advertisement Top gainers Change Top losers Change Adani Ports & SEZ 1.45% Asian Paints -1.43% Hindalco Industries 1.29% HCL Tech -1.04% Nestle India 0.98% Wipro -0.94% Tata Motors 0.95% Infosys -0.88% L&T 0.90% Bajaj Auto -0.80% US Fed’s FOMC announces 25 basis point rate...
