Fundamental and Technical Stock Picks: Wipro, L&T, HAL, other buzzing stocks on analysts' watchlist

• Former JPMorgan Chase chief economist Anthony Chan and MacroMavens President Stephanie Pomboy appeared on Fox Business to discuss the Federal Reserve's current trajectory. • The experts analyzed the policy approach of new Fed Chairman Kevin Warsh, specifically focusing on his strategy regarding the central bank's communication style.

• The Federal Reserve unanimously decided to keep interest rates steady at a range of 3.5% to 3.75% during its first meeting under new chair Kevin Warsh. • Despite the hold, the Open Markets Committee signaled a potential rate hike before the end of the year, citing that economic activity is currently expanding at a "solid pace."

• SEC Chairman Paul Atkins appeared on "Mornings with Maria" to outline his "Make IPOs Great Again" agenda aimed at revitalizing public offerings. • Atkins discussed the SEC's strategic decision to withdraw its legal defense of climate disclosure rules established during the Biden administration.

• OCBC Malaysia has integrated Singpass to allow Singaporean and Singapore Permanent Resident business owners to remotely authenticate their identities for account applications. • This digital transition aims to significantly accelerate the business account opening process, reducing the turnaround time from approximately three weeks to as little as five working days.

• Federal Reserve Chair Kevin Warsh is expected to withhold his "dot plot" projection during the June 2026 meeting, while Bank of America reports at least three members may project further rate hikes for the year. • A rate cut is considered implausible due to rising inflation data, with May's wholesale producer prices (PPI) climbing 6.5% year-over-year and consumer prices (CPI) at 4.2%.

• US stocks traded within a narrow range on Wednesday as investors remained cautious ahead of the Federal Reserve's upcoming policy decision. • Oil prices remained below $80 per barrel, driven by market optimism regarding a potential peace agreement between the US and Iran.

• U.S. stocks turned lower and remained mixed on Wednesday as investors awaited the first Federal Reserve rate decision under its new chair. • Market data from the CME Group's FedWatch tool indicates a 99% probability that the central bank will keep the fed funds rate flat.

• The Dow Jones Industrial Average achieved its second consecutive record close on Tuesday, while the Nasdaq Composite and S&P 500 declined due to pressure on technology stocks. • Market activity was bolstered by SpaceX's announcement of a $60 billion acquisition of software firm Anysphere to expand its presence in the enterprise AI sector.

• Eurostat released the June edition of the European Statistical Monitor, a dashboard providing monthly and quarterly indicators on the EU's economy, environment, business, health, and work. • Key economic data shows employment reaching a historic high and labour market slack decreasing, while unemployment and job vacancy rates remained steady.

• Yes Bank shares surged 15% over four consecutive trading sessions, with a single-day gain of up to 6.5%. • The rally is driven by improving market sentiment, strong quarterly earnings, and a strategic partnership with Northern Arc Capital.

• Indian share markets remained steady, with the Sensex rising 50 points and the Nifty crossing the 24,000 mark. • Market stability was driven by softer crude oil prices and investor expectations that the US Federal Reserve will keep interest rates unchanged.