Nifty May Open Firm as Fed Rate Cut Boosts Sentiment

Indian stock markets are likely to start on a positive note today, supported by global cues after the U.S. Federal Reserve cut interest rates by 25 basis points. The move has lifted growth hopes and raised chances of more cuts later this year. Nifty and Sensex may see demand in banking, auto, and IT stocks, while defensive sectors could show some supply pressure. The rupee may open firm as the dollar weakened after the Fed’s decision, improving foreign investor outlook. Domestic support from India-U.S. trade talks and recent tax changes could also help sentiment. Overall, markets may see a steady balance where fresh demand absorbs selling pressure, keeping mood stable. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile. please read full disclosure disclaimer in given link *****