💨 Abstract

Indian shares are expected to open at new highs on Friday, driven by the U.S. rate cut last week and strong U.S. IT sector performance. The Nifty and Sensex have gained over 3% in six consecutive days, boosting hopes of increased foreign investment. IT companies, which generate a significant portion of their revenue from U.S. clients, are of particular interest following better-than-expected earnings from U.S. peer Accenture.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖