Market experts, however, aren't impressed, pointing out that the fundamental concerns of expensive valuations, earnings downgrades, shallow interest rate cuts, and low gross domestic product remain. They also cautioned about near-term uncertainties with Donald Trump taking charge in the US, and the Federal Reserve's policy meeting at the end of the month.
This story is from the January 03, 2025 edition of Financial Express Hyderabad.
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This story is from the January 03, 2025 edition of Financial Express Hyderabad.
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