{"type":"rich","version":"1.0","title":"A morning walk down Dalal Street - June 14, 2018","description":"The Nifty50 is likely to open lower on Thursday following muted trend seen in other Asian markets. The Nifty closed 13 points higher at 10,856.\n\nTrends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 34.5 points or 0.32 percent. Nifty futures were trading around 10,810-level on the Singaporean Exchange.\n\nUS stocks ended a choppy session lower on Wednesday after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year, said a Reuters report.\n\nThe Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession.\n\nAsian shares edged down after the Federal Reserve rate hike while concerns about US-China trade frictions kept investors on edge. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in early trade.\n\nSouth Korea's KOSPI was off 0.9 percent, while Australia's market slipped 0.2 percent. Japan's Nikkei shed 0.7 percent.","author_name":"Moneycontrol Podcast","author_url":"https://audioboom.com/channels/4937727-moneycontrol-podcast","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/32902296/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}