Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Dilip Buildcon, Coal India, Essar Steel, Sun Pharma — Indian equity benchmarks rose for second day in a row led by HDFC twins, Larsen & Toubro and Bharti Airtel ahead of U.S. Federal Reserve’s policy decision announced late on Wednesday.
Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook.
✅ Sun Pharma gets U.S. FDA approval for Ilumya.
✅ Coal India allotted 11 mines that will increase annual output to 225 million tonnes.
✅ Essar Steel lenders to reopen bidding after rejecting bids from Arcelormittal and VTB Capital.
✅ GE Power receives order worth Rs 230 crore from NTPC.