A new peak on Friday was not surprising, given the fact that 88% of Nifty constituents had started the day at the highest in 30 days. Most other sectors were also showing similar trends, except for PSU banks and metals
In the five trading sessions leading up to September 20, the Sensex rose approximately 2%, closing at 84,544, with gains noted in four sessions. In
The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026.
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