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Indian stock market rises on optimism about US-India relations and potential US rate cuts.
Indian stock market indices, Nifty 50 and Sensex, opened higher on Monday, boosted by optimism over potential improvements in US-India relations and expectations of a US Federal Reserve rate cut.
A weaker US jobs report has further fueled these expectations.
Additionally, the GST tax cuts in India have provided a boost to the market, particularly in the auto and metal sectors.
Despite positive global cues, concerns over ongoing trade uncertainties with the US continue to impact sentiment.
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El mercado de valores indio sube por el optimismo sobre las relaciones entre Estados Unidos e India y los posibles recortes de tasas de Estados Unidos.