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#897 Daily Money Show | Stock Market News
Original: #897 Daily Money Show | Money Purse Stock Market News
Takeaway
All eyes on the US Fed — 25 bps cut is priced in; the forward-guidance tone matters more than the cut itself.
Summary
- Sensex +90 to 83,079; Nifty +34 to 25,418; mid/smallcaps slightly down
- Global markets waiting on US Fed meeting; 25 bps rate cut expected
- Fed's forward guidance on future cuts will set market direction
- Positive Fed commentary could trigger positive momentum in Indian markets
fedrate-cutmarket-news
Original description
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