Indian stock markets are experiencing a powerful rally, with the Sensex and Nifty surging past resistance levels. Experts cite positive macro factors like falling inflation, supportive monetary policy, and increased government spending. FII inflows have returned, strengthening the rupee. While caution is advised due to upcoming earnings and global uncertainties, the overall outlook remains bullish, particularly for domestic-focused sectors.
US Stock Market: Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait