Global Rally Boosts Sentiment; Indian Market Set for Strong Start

• Indian stock market is set for a strong opening on December 11, driven by a global risk-on mood after the Federal Reserve's third consecutive rate cut.
• Gift Nifty rose by 117 points (0.5%) to 25,951, signaling a positive start for domestic benchmark indices.
• Global sentiment is robust, with Wall Street rallying on expectations of growth support from the Fed's policy easing; S&P 500 and Russell 2000 reached near-record highs.
• Fed Chairman Jerome Powell confirmed the central bank addressed employment risks and maintained price control, keeping its 2026 rate cut guidance.
• Experts indicate Nifty is trading above its rising channel support, with 25,700 identified as a critical support level for a healthy medium-term structure.

Why It Matters: Global rally and Fed rate cuts signal potential gains for Indian stock investors.