Indian IT stocks

US Fed rate cut: Indian market is on the backburner due to premium valuation, says analyst

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US Fed rate cut: Indian market is on the backburner due to premium valuation, says analyst

In the past month, the global equity market had exhibited volatility and mixed performance leading towards the pivotal FOMC decision of September 18. It was highly anticipated that the Fed would break its hawkish policy started since early 2022 and shift to an accommodative monetary policy by initiating a 25bps cut. The market believed that, … Read more

What does Fed’s indication of single rate cut mean for Indian IT stocks?

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What does Fed's indication of single rate cut mean for Indian IT stocks?

The optimism of markets and the buoyancy of stocks hinge largely on sentiment and projections, which investors closely scrutinise to gauge future market performance. These factors are pivotal, subject to frequent adjustments based on developments that either bolster or dampen investor confidence. Global factors significantly influence various financial markets, including equities, bonds, commodities, and currencies. … Read more