Indian stock markets surged on Thursday, approaching record highs. Investor confidence grew as the government signaled progress on a trade pact with the US. The Nifty index briefly surpassed its all-time closing high. Key companies like Eicher Motors and Reliance Industries saw significant gains. Foreign and domestic investors showed strong buying interest. Asian markets also experienced mixed movements.
Dollar set for weekly gains as yields surge, Fed bets build
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes