Sensex, Nifty Rebound on Fed Cut Hopes

  Published 8 months ago

Indian markets rallied as weak US jobs data spurred hopes of a Fed rate cut, lifting global and domestic sentiment.

  • Sensex jumped 419 pts to 81,018; Nifty rose 157 pts to 24,722, snapping a two-day losing streak.
  • Mid and small-cap stocks outperformed; BSE Midcap up 1.11%, Smallcap gained 0.76% on broad-based buying.
  • Market cap on BSE surged by ₹4.5 lakh crore to ₹449 lakh crore, driven by global cues and dollar weakness.

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