Indian Markets Surge After US Fed’s Surprise Rate Cut
Indian benchmark indices experienced a significant boost following a surprising 50 basis points rate cut by the US Federal Reserve.
Rupee Falls 15 Paise To 83.34 Against US Dollar
Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas, said the Indian rupee depreciated on dollar demand from foreign banks and importers.
