Indian stock market: 7 key things that changed for market overnight Gift Nifty, Powell’s speech to US private payrolls


Source: livemint.com livemint.com

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Indian stock market: The Indian equity market is expected to open on a positive note Thursday tracking an upmove in global peers amid improved investor sentiment. Asian markets traded higher, while the US stock market indices ended largely in the green overnight after the speech from US Federal Reserve Chairman Jerome Powell. Powell said the Federal Reserve officials will likely reduce their benchmark interest rate later this year as they “see it as likely to be appropriate" to start cutting their key rate “at some point this year." On Wednesday, the Indian stock market indices ended flat with a negative...