Indian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Memory chip giants Micron and Qualcomm's strong forecasts for AI demand have reignited optimism, with both stocks soaring in pre-market trading. Investors are keenly awaiting US inflation data later today, hoping it supports the current rally and eases concerns about rising interest rates.
US stock futures, especially the Nasdaq, surged over 2% as memory chip giants Micron and Qualcomm issued strong AI demand forecasts, sparking pre-market rallies. This positive sentiment is expected to set a bullish tone for Indian markets. Investors are now keenly awaiting US…
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