Fed Rate Cut Lifts Indian Stocks — Nifty at 10-Week High, IT & Pharma Lead Surge
Fed Rate Cut Lifts Indian Stocks — Nifty at 10-Week High, IT & Pharma Lead Surge
Fed Rate Cut Lifts Indian Stocks: The U.S. Federal Reserve’s rate cut sparks a rally in Indian markets as Nifty hits a 10-week high. IT and pharma stocks surge, boosting investor sentiment.
The U.S. Fed’s rate cut triggered a sharp rally in Indian markets, with Nifty hitting a 10-week high. IT and pharma stocks led the surge, supported by a weaker dollar and strong U.S. demand outlook. Analysts see bullish momentum but caution against risks of inflation. Experts advise investors to diversify portfolios across IT, pharma, and defensive sectors.
Sensex Hits 10-Week High as IT & Pharma Stocks Lead Rally After U.S. Fed Cut – DNN
