US labour data flashing warning signs, Fed rate cut may provide some support to the market: Nuvama

New Delhi [India], September 12 (ANI): The Indian stock markets are on the brink of entering a new phase, marked by potential rate cuts from the U.S. Federal Reserve, highlighted a report by Nuvama.

The report noted that while economic theory often points to such cuts providing a boost to equity valuations in India but the historical data presents a more nuanced picture.

As per the report in 2001, after the Fed initiated