Indian Shares Rally on U.S. Jobs, Trade Progress, RBI Cuts

Published 1 year ago

Indian shares rose on U.S. jobs data, trade progress, RBI's rate cut, and CRR reduction, boosting Nifty and Sensex by 0.4%.

U.S. jobs eased slowdown fears, boosting Asian markets; IT/pharma gained on export hopes.
RBI's 50 bps rate cut and 100 bps CRR reduction spurred economic optimism.
U.S.-India trade talks progress on tariffs ahead of July 9 deadline.

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