Dalal Street is likely to open higher on Thursday after the US Federal Reserve cut interest rates by 25 basis points, a move that has lifted investor confidence globally. Hopes of progress in the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping are also expected to support market sentiment.
Federal Reserve Chairman Jerome Powell said that central bank officials in the US are divided on what lies ahead for monetary policy. He also cautioned that financial markets should not assume another rate cut later this year, making it clear that future moves wi
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