Anand Radhakrishnan of Sundaram Mutual Fund suggests that rate cuts are poised to stimulate both listed and unlisted companies by enhancing liquidity and credit access. Consumption is expected to rise, fueled by tax relief, lower interest rates, and potential wage growth. The US may moderate tariffs to pave the way for rate cuts, potentially boosting economic growth.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking