Indian indices rise as US Fed cuts interest rates by 50bps

System User, Published on Sep 19th, 2024

Indian indices rise as US Fed cuts interest rates by 50bps

Indian frontline equity indices closed in green on Thursday, buoyed by the US Federal Reserve's decision to cut interest rates by 50 basis points, exceeding market expectations. At closing, Sensex was up 236 points, or 0.29 per cent, at 83,184 and Nifty was up 38 points, or 0.15 per cent, at 24,415.

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