Wall Street indexes reached record highs for a second day, fueled by optimism for a U.S.-China trade deal and anticipation of tech earnings and an expected Fed rate cut. Investors await confirmation of AI-driven growth from “Magnificent Seven” companies, while cooler inflation data solidifies expectations for a Wednesday rate reduction.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj