FOMC meet: What does US Fed rate cut mean for Indian stock markets? Explained

Flagging risks of slowing economic growth and job gains, the US Federal Reserve cut rates by 25 basis points. US is the world's largest economy and any benchmark rate movement by its central bank has global implications. Will the US Federal Reserve’s decision to cut rates spur a rally or will Nifty50 and BSE Sensex remain range-bound in the coming weeks?

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