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ā¢ Indian equities rose on dovish commentary from a US Federal Reserve official, elevating bets of rate cuts by as early as March 2024.
ā¢ The BSE Sensex and Nifty50 opened higher for the second straight day, led by index heavyweights HDFC Bank, Infosys, and Reliance Industries.
ā¢ Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down.