Markets Rebound on US Rate Cut Hopes

  Published 8 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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