Sensex at record high but retail investors frowning after Fed rate cut. Here's why
- Posted on September 19, 2024
- By Business News Today
- 2 Views
Sensex at record high but retail investors frowning after Fed rate cut. Here's why
The US Federal Reserve's first rate cut since 2020 has shifted investor interest towards largecaps, with foreign inflows expected to rise in emerging markets like India. While Sensex and Nifty hit new peaks, midcaps and smallcaps faced selling pressure. Retail investors' portfolios were impacted, and market capitalization fell by over Rs 3 lakh crore.