💨 Abstract

Indian stocks are expected to open higher on Friday due to the US Federal Reserve's interest rate cut by 25 basis points. This decision has made emerging markets like India more appealing to foreign investors. Asian markets also rose, with the MSCI Asia ex-Japan index gaining 1%. The Nifty 50 and BSE Sensex have declined this week, with foreign institutional investors selling Indian stocks for the 29th session in a row.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖