While the Sensex and Nifty have recently achieved all-time highs, several negative global cues have instilled caution among investors regarding the global economic outlook and its potential impact on India.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to