Indian equity benchmark indices, Sensex and Nifty 50, are expected to open lower amid a slump in global markets after the US Federal Reserve trimmed expectations for interest rate cuts next year. Asian markets slid, while the US stock market crashed, with all three major indexes posting their biggest daily decline in months. Dow clocked its longest losing streak since 1974 while the GIFT Nifty is indicating an over 300 point slide amid fed’s disappointed outlook. Catch Nandita Khemka in conversation with Andrew Freris, CEO, Ecognosis Advisory and Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal.
first published: Dec 19, 2024 09:00 am
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