💨 Abstract

On September 25, Indian stock indices, Sensex and Nifty, reached record highs, surpassing 85,000 and 26,000 respectively, for the first time. This growth was boosted by the US Federal Reserve's decision to lower interest rates by 50 basis points and increased foreign investments in India. The loosening US monetary policy has encouraged capital flight to markets with higher interest rates, including India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖