Live: Can Nifty reclaim record levels as investors await FOMC decision this week? | Opening Bell
Nifty extended gains after the RBI delivered a 25 bps rate cut, even though the index briefly paused its winning streak during the week. The central bank’s 125 bps easing for 2025 and fresh liquidity measures lifted market sentiment, with banking and financial stocks leading the charge. Defence stocks may stay in focus ahead of the Putin–Modi summit, and sentiment remains supported by steady inflows and expectations of a Fed rate cut. The week also marks the opening of five mainboard IPOs—ICICI Prudential AMC, Nephrocare Health Services, Park Medi World, Wakefit Innovations and Corona Remedies. This morning, global cues were mixed. Asian markets started the day mixed ahead of key Chinese data. Meanwhile, US futures were unchanged after back to back winning streak in Wall Street. Catch Lovisha Darad in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives) at Axis Securities and Gaurang H Shah, Sr. Vice President, Geojit Financial Services.
