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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Fed, FPIs & Budget Watch | Indian Equities The Fed Held, the Foreign Funds Flinched, and Delhi Is Listening: Where Indian Equities Go From Here The Fed held at 3.75%–4.00% on a 10–2 vote. FPIs have sold a record ₹3.07 lakh crore through 23 October. Delhi is reportedly weighing an LTCG cut. And on 27 October, the Nifty Smallcap 100 jumped 2.70% in a single session. Wednesday, 28 October 2026, gave Indian markets a rare thing: a day without a nasty surprise from Washington. The Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. Nifty closed at 22,698.85, down just 0.22%, after Sensex had been down nearly 1,000 points at the intraday low. Then came the numbers that matter more. According to provisional NSE data, FII/FPIs were net buyers on the day. Across NSE, BSE and MSEI combined, they bought a net ₹871.83 crore, against DII net buying of ₹643.35 crore. It is one session, and it f...
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Global apparent steel consumption to rise by 3.6% in 2012, worldsteel says

Global apparent steel consumption is due to increase by 3.6% in 2012, as signs of stability start to emerge and recovery is expected to resume in the second half of the year, the World Steel Assn (worldsteel) said on Friday April 27.
Steel use is likely to reach 1.42 billion tonnes in 2012, up from 1.37 billion tonnes a year earlier, worldsteel said in its short-range outlook. This is supported by growth of 4% in China to 648.8 million tonnes of apparent consumption, a rise of 6.9% in India to 72.5 million tonnes and 5.7% growth in the USA. Central and South American consumption is set to grow by 6.8% in 2012 to 49.1 million tonnes, a “historical high,” according to worldsteel, with Brazil returning to positive growth of more than 5% in 2012.

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