A half percent drop in interest by the Federal Reserve is not directly linked to lowering mortgage rates on their own.
IST, the barometer index, the S&P BSE Sensex shed 62.54 points or 0.07% to 84,868.37. The Nifty 50 index lost 11.35 points or 0.04% to 25,927.70.
The RBA has kept interest rates at 4.35 per cent – marking 10 months since the last rate move and nearly four years since the ...