The Indian market is expected to rise on Monday, supported by positive global cues. On October 4, the Indian equity markets ended their fifth straight session in the red, with the Nifty closing at approximately 25,000, down 235.50 points (0.93%).
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
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