💨 Abstract

Indian shares reached record highs for the third consecutive day on Monday, boosted by the U.S. rate cut last week that increased investor risk appetite. The Nifty 50 and S&P BSE Sensex hit all-time highs, with the broader small- and mid-cap indices also rising. Despite the benchmark indexes being in "overbought" territory, investors remain optimistic about India's long-term equity potential.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖