Indian benchmark indices ended higher on Friday, extending gains for the third straight week, driven by hopes of an India-US trade deal and consistent foreign portfolio investor inflows for 11 sessions.
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.
Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns.
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