The Sensex ended a three-week winning streak with a 1.5% loss amid weak global cues and lack of favorable domestic news. Key factors to watch this week include Fed rate cut hopes, IPOs, crude oil rates, FII activity, global macroeconomic data, inflation data, and technical support levels for the Nifty index.
Asian stocks tread water at the start of Fed week
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets