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GIFT Nifty points to firm opening as Asian markets trade higher
GIFT Nifty signalled a positive start for Indian markets as Asian equities rose after the Fed’s rate cut, supporting early risk sentiment.
GIFT Nifty indicated a strong opening for Indian equities as Asian markets traded higher following the US Federal Reserve’s recent rate cut. Positive cues from Wall Street and stable bond yields supported early risk appetite. Traders remained focused on global macros and currency movements after the rupee touched a record low against the US dollar in the previous session.