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Watch out for these penny stocks locked in the upper circuit on May 04

The hike raises the fed funds rate to its highest level since August 2007—a target range of 5 per cent –5.25 per cent.

Kaustubh Bhosale 0 1836 Article rating: 4.0

In the morning trade, the domestic equity benchmarks continued to rise. As was largely predicted, the Federal Reserve increased its benchmark borrowing rate by 25 basis points.

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