Sensex jumps over 500 points, Nifty above 22,850 after Fed keeps rates unchanged. What lies ahead?
6 Articles
6 Articles
Stock Market Rally Today: The Sensex and Nifty suddenly changed their trajectory on Thursday. After a slow start, the BSE Sensex jumped by more than 600 points in one go. The Nifty also appeared to be in a frenzy.
Sensex jumps over 500 points, Nifty above 22,850 after Fed keeps rates unchanged. What lies ahead?
Following the Federal Reserve's recent decision, the Indian stock market surged, with Sensex rising by over 500 points and Nifty up by more than 150 points. Adani Ports and Power Grid were among the top gainers, while Trent faced a downturn. The breadth of the market remained positive, as advances outnumbered declines on the NSE. Analysts, however, highlighted potential global economic issues that could pose challenges for India.
Stock Market Today: Indian stock markets rebounded on Thursday after an initial decline. The Sensex recovered nearly 681 points from the day's low, while the Nifty 50 re-entered the 22,850 mark. Buying in shares of public sector banks and FMCG companies supported the market. The US Federal Reserve's decision to leave interest rates unchanged also provided relief to investors. At 12:01 pm, the Sensex was trading at 73,828.27, up 582.44 points, or…
The Indian stock market saw a significant rally on Thursday, driven largely by the Federal Reserve's decision to keep interest rates steady. The Sensex surged over 600 points to cross the 73,860 mark.
Key Factors Behind Today’s Market Rally
Indian stock markets traded higher on Thursday, October 29, as gains in Reliance Industries and IT stocks, along with the US Federal Reserve’s decision to keep interest rates unchanged, are the key factors that supported investor sentiment. At 11:16 AM IST, the Sensex rose 0.73% to 73,778.78, while the Nifty...
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