The Week That Was - 26 Aug: Positive sentiments continue

Standard Chartered India - Money Insights

26-08-2024 • 4 mins

The US markets rose for the week, buoyed by positive FOMC minutes and expectations of a rate cut in November, following comments by Fed chair at the Jackson Hole symposium. Closer home, the Nifty rose by 1% for another week on the back of continuing foreign investor flows.

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Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered