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Indian markets rise on strong U.S. tech gains and easing rate concerns.
Indian markets are poised to open higher Monday, lifted by strong GIFT Nifty futures and gains in Asian markets.
Infosys surged 40% in U.S. trading, hitting a 52-week high of $30 and triggering two halts due to volatility, while securing final court approval for the McCamish settlement.
The BSE Sensex and Nifty50 rose Friday, ending a four-day decline, as easing AI spending concerns and hopes for Fed rate cuts boosted sentiment.
Infrastructure output in November is expected to show no growth, reversing October’s 3.3% rise.
Other developments include a biogas joint venture by Indraprastha Gas and Hindustan Waste Treatment, Fortis Healthcare’s ₹430 crore acquisition of People Tree Hospital, and SBI’s review of residential loan policies.
Los mercados indios suben con fuertes ganancias tecnológicas estadounidenses y preocupaciones sobre la relajación de las tasas de interés.