Markets Rebound on US Rate Cut Hopes

  Published 11 months ago

Indian equities rose on Monday, led by metals and IT, as US rate cut hopes lifted sentiment despite tariff concerns.

  • Nifty rose 0.64% to 24,722.75, while Sensex climbed 0.52% to 81,018.72, ending a two-day losing streak.
  • Metals and IT gained 2.5% and 1.6% respectively, driven by a weaker dollar and US rate cut expectations.
  • UPL surged 7% on strong Q1 performance; MCX rose 5% after solid earnings and stock split announcement.

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