Indian stocks are poised to extend their winning streak to a seventh consecutive day, with the Nifty 50 index holding above 24,800. The market's positive momentum comes amid expectations of a potential interest rate cut by the Federal Reserve, as indicated by recent Fed minutes. Investors are particularly focused on the upcoming Jackson Hole Symposium speech by Fed Chair Jerome Powell, which could provide further insights into monetary policy. Stocks to watch include Zomato, Paytm, Kalyan Jewellers, Nykaa, and Bharti Airtel, as market participants remain alert to any shifts in sentiment that could disrupt the rally.
Stock Market LIVE: Sensex opens flat, Nifty holds 24800; all eyes on Powell’s Jackson Hole speech tonight https://t.co/7wqMdwjvyn
Indian stocks look set to extend their winning run to a seventh day with the record high in a close proximity. The GIFT Nifty futures also point to a bright start. Here's what else could move markets today https://t.co/8dSwCR9Dcp
Indian stocks look set to extend their winning run to a seventh day with the record high in a close proximity. The GIFT Nifty futures also point to a bright start. Here's what else could move markets today https://t.co/8qJ5KCaVzE