Indian equity indices closed lower on Friday, extending weekly declines but logging strong monthly gains. Investor caution stemmed from the US Federal Reserve’s stance on interest rates and the US-India trade deal outcome. Analysts suggest current dips present buying opportunities ahead of potential rallies.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.