Stock market outlook: How will Nifty50, BSE Sensex react to US Fed chair Powell's rate cut hints? What analysts say
2 hours from now
Indian stock markets are poised for a gap-up opening following hints from US Federal Reserve Chairman Jerome Powell about potential rate cuts in September. Analysts anticipate a positive market response, particularly in metals and IT sectors. However, concerns regarding upcoming US tariffs on Indian goods may temper gains.
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