Shares open lower on hawkish remarks from Fed's Powell

Reuters Updated - June 22, 2023 at 09:35 AM.

Nifty index fell 0.07 per cent to 18,844.05 as of 9:16 a.m

Indian shares opened lower on Thursday on caution after U.S. Federal Reserve Chair Jerome Powell reiterated the possibility of further rate hikes to tackle inflation.

Also read: Day Trading Guide for June 22, 2023: Intraday supports, resistances for Nifty50 stocks

The blue-chip Nifty index fell 0.07 per cent to 18,844.05 as of 9:16 a.m., while the benchmark S&P BSE Sensex lost 0.10 per cent to 63,459.22.

Published on June 22, 2023 04:05

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