💨 Abstract
Indian stock indices declined by over 1% each on November 7, as investors awaited US Federal Reserve Chair Jerome Powell's remarks on the future direction of the rate trajectory. The BSE Sensex and NSE Nifty dropped by 1.06% and 1.16%, respectively. Investors remained cautious due to the expected 25 basis point rate cut by the US Fed.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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