Indian stock markets began the week with caution, as both the Nifty 50 and BSE Sensex saw minor declines. The dip occurred ahead of the US Federal Reserve’s upcoming meeting, where a 25-basis-point rate cut is expected. Market experts predict a consolidation phase, though a year-end rally may gain momentum. Sector performance was mixed, with FMCG, Pharma, and Media sectors rising, while Banking and Auto sectors declined. Analysts continue to watch global trends, especially the Fed’s policy direction for 2025.
Indian Stock Markets Open Cautiously Ahead of US Fed Meeting
Indian stock markets began the week with caution, as both the Nifty 50 and BSE Sensex saw minor declines. The dip occurred ahead of the US Federal Reserve's upcoming meeting, where a 25-basis-point rate cut is expected. Market experts predict a consolidation phase, though a year-end rally may gain momentum. Sector performance was mixed, with FMCG, Pharma, and Media sectors rising, while Banking and Auto sectors declined. Analysts continue to watch global trends, especially the Fed's policy direction for 2025.
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