Read the day in order — the morning call, what happened, and what we made of it.
The US Federal Reserve cut rates by 25 basis points to 4-4.25% range overnight, marking the first cut this cycle. Indian markets are positioned for a positive opening with GIFT Nifty trading 77 points higher at 25,500 levels.
Apollo Tyres Limited is an international tyre manufacturer and the leading tyre brand in India, established in 1972 and headquartered in Gurugram, Haryana.
The expectation of increased foreign inflows, however, did not immediately materialize in the provisional data, with FIIs remaining net sellers.