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Automate customer interactions in real time using AI to drive better results ✌️【Capital】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!The global meltdown saw the Sensex falling almost 1,000 points, the rupee dropping below 85/$ and 10-year bond yield hardening by 4 basis points to 6.79%.While the Fed reduced its benchmark interest rate by 25 bps, chairman Jerome Powell said, “With this action, we are significantly closer to the end of our easing cycle, but additional adjustments will depend on incoming data and evolving economic risks.”Looking ahead, the Fed now anticipates just two 25 bps rate reductions by the end of 2025, down from the four projected in September.
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Even Euro Stoxx, FTSE-100 and CAC 40 were down over 1.4% each.However,Indiadid better than most major countries.
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Automate customer interactions in real time using AI to drive better results ✌️【Capital】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!The Nifty closed at 23,952, down 247 points or 1.02%.The Sensex has lost 3.55%, or 2,915 points, in the last four trading sessions, eroding investment wealth of over `10 lakh crore (in three sessions).The rupee, which has been on a steady decline since September 24, when the Fed cut rates for the first time, closed at 85.08/$ (down 0.18%) as the dollar index, which measures the dollar against the basket of six major currencies, hit a 2-year high of 108.07.
Many other Asian currencies fared worse, with the Chinese renminbi falling 0.Automate customer interactions in real time using AI to drive better results Stock Trading Made Easy: Grow Your Wealth Today