Macquarie Energy Transition ETF Price & Performance (PWER)

India's Sensex index climbed for a fourth consecutive day, closing 899 points higher, while the Nifty surpassed 23,100. The rally is attributed to a weaker US dollar and optimism from foreign institutional investors. Analysts suggest the market's positive momentum may continue in the short term, bolstered by robust domestic participation.1

The Federal Reserve has decided to maintain interest rates in the 4.25%-4.50% range, aligning with prior forecasts. The Fed also hinted at potential rate cuts later this year. Meanwhile, Wall Street responded positively, with major indices rallying as investors welcomed the decision and its economic implications.1

Global equity markets displayed varied movements today. Australia's S&P/ASX 200 advanced 0.8%, while Euro Stoxx 50 futures rose 0.2%. On the other hand, Hang Seng futures remained largely unchanged. These developments come amid a backdrop of cautious optimism following the Federal Reserve's rate decision.1