What Does India’s Rate Cut Mean for Indian Stocks?
January 22, 2015 at 11:30 AM EST
After advancing 29% in 2014, India’s Sensex jumped 3% last Thursday, following an unexpected interest rate cut by the Indian central bank. On a day when the broader MSCI Emerging Markets Index was more or less flat, the Sensex gained 729 points, closing at 28,075—its best daily gain since Prime...
