Benchmark indices end flat ahead of Fed Chair Powell’s comments
Sensex closed 33 points, or 0.04%, up at 81,086.21, while the Nifty 50 ended 12 points, or 0.05%, up at 24,823.15.
Sensex closed 33 points, or 0.04%, up at 81,086.21, while the Nifty 50 ended 12 points, or 0.05%, up at 24,823.15.
Powell "has taken too many actions to weaken the Fed's oversight of our largest banks and deregulate Wall Street," and renominating him for another term "is not a risk worth taking," Democratic Senator Elizabeth Warren, who also opposed Powell's nomination in 2018, said in an earlier hearing.
In overnight trade in Wall Street broader S&P-500 for the first time hit 3,000-mark on Mr Powell's statement. Asia markets turned positive in tandem.
