Inventiva on Nostr: India Markets Jump 1000 Points Yet Global Investors Bracing For Turmoil Due To Fed ...
India Markets Jump 1000 Points Yet Global Investors Bracing For Turmoil Due To Fed Cuts; What's The Confusion?
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On September 20, 2024, India's Sensex surged by 1,000 points, and Nifty crossed 25,700, increasing market capitalization by Rs 4 lakh crore to Rs 469.5 lakh crore; U.S. Federal Reserve cut interest rates by 50 basis points, causing global market uncertainty; Dow crossed 42,000 for the first time; Asian markets, including Japan's Nikkei, gained; Indian rupee strengthened to 83.56 against the dollar; JSW Steel gained over 3%, while IIFL Finance surged by 12% after RBI lifted restrictions; analysts expect Nifty to trade between 25,000-26,000; Trump criticized the Fed's rate cut as a political move.
#India #Markets #FederalReserve #InterestRates #Investors #StockMarket #Economy #Trump #JswSteel #Nifty
https://www.inventiva.co.in/trends/india-markets-jump-1000-points-yet-global-investors-bracing-for-turmoil-due-to-fed-cuts-whats-the-confusion/
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On September 20, 2024, India's Sensex surged by 1,000 points, and Nifty crossed 25,700, increasing market capitalization by Rs 4 lakh crore to Rs 469.5 lakh crore; U.S. Federal Reserve cut interest rates by 50 basis points, causing global market uncertainty; Dow crossed 42,000 for the first time; Asian markets, including Japan's Nikkei, gained; Indian rupee strengthened to 83.56 against the dollar; JSW Steel gained over 3%, while IIFL Finance surged by 12% after RBI lifted restrictions; analysts expect Nifty to trade between 25,000-26,000; Trump criticized the Fed's rate cut as a political move.
#India #Markets #FederalReserve #InterestRates #Investors #StockMarket #Economy #Trump #JswSteel #Nifty
https://www.inventiva.co.in/trends/india-markets-jump-1000-points-yet-global-investors-bracing-for-turmoil-due-to-fed-cuts-whats-the-confusion/