💨 Abstract
Indian shares rose in early trade on Thursday, led by IT stocks, as the Federal Reserve maintained its rate-cut forecast for the year. The NSE Nifty 50 and BSE Sensex were up 0.55% each. The Fed reaffirmed its forecast for two rate cuts in 2025. Lower U.S. interest rates make emerging markets, such as India, more attractive to foreign investors.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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