The US Federal Reserve’s rate cut sets the stage for increased FII inflows into Indian equities, driven by strong domestic fundamentals and festive demand. Despite recent selling due to high valuations, further rate cuts and supportive policies may lure investors back. Sectors like automobiles, consumer durables, and metals are expected to outperform, while gold and silver present unique investment opportunities.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following