Indian markets mirrored global trends as major U.S. stock indexes neared record highs, buoyed by anticipated Federal Reserve rate cuts and a weaker dollar. Precious metals like silver and gold surged to all-time peaks amid geopolitical tensions. Investors are keenly watching for Fed policy shifts and a new chair nomination, while oil prices dipped on supply glut fears.
AI to expand opportunities for Indian IT; luxury housing demand strong: BofA Sec
AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating