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India stock benchmarks rise ahead of US Fed cues and trade optimism
Indian stocks rally on Fed rate expectations and optimism on trade, with broad sector participation and mid-cap strength.
Indian equities opened higher today, tracking broader Asia and bolstered by renewed hopes of a U.S. Fed rate cut. The Nifty 50 rose ~0.28%, and Sensex gained ~0.20%. Sector strength was broad, with 15 of 16 segments in the green and mid-caps outperforming. Gains were fueled by optimism around earnings and macro cues, even as U.S.-China trade tensions linger. Mode of capital flows and foreign investor interest to be key. Source: Reuters