The Supreme Court has referred to the larger bench the question of whether the courts have the power to modify the arbitral award under Sections 34 or 37 of the Arbitration and Conciliation Act, 1996..
Major European stock markets are expected to rise on Friday on the heels of the previous session s close and after a strong performance by U.S. markets, up for the fourth consecutive day, as U.S. 10-.
Indices up, as expected, at the start of trading Thursday in European markets, driven by the good performance of the U.S. and Asian stock markets. Influencing investor sentiment was the Fed s decision.
European indexes remain firmly in the bullish area in mid-session Thursday on optimism over the drop in US yields and following the Fed pause announced yesterday evening. Thus, the FTSE Mib is up.
European stock markets extended the bullish path on Thursday after welcoming the Fed s decision to keep rates unchanged. Trading rooms also welcomed Chairman Powell s comments that further solidified.