The Fed is gaining confidence that inflation is moving toward its 2% target and will carefully evaluate economic data to inform its future decisions. Projections indicate a cumulative 100 basis points cut in 2025 and 50 basis points in 2026.
BPCL, Sun Pharma among 7 Nifty50 stocks that hit 52-week highs on Friday
Sensex and Nifty fell into the red on Friday, ending their seven-day winning streak, despite gains in some financial stocks.