Indian Markets See Renewed Buying After Fed Rate Cut, Bullish Momentum To Continue
Mumbai: After a sideways start, the Indian benchmark indices gained momentum this week after a surprise 50 bps rate cut by the US Fed Reserve, as Sensex crossed 84,000 for the first time and Nifty hit a new all-time high. As per market watchers, the apprehension of a slowdown in growth was eased slightly after…