Indian equity markets staged a strong comeback on Thursday, snapping a three-day losing streak as global sentiment improved following the US Federal ReserveтАЩs 25-basis-point rate cut. The positive global cues lifted investor confidence, helping domestic indices close near the dayтАЩs high.
After a subdued opening and a choppy first half, buying interest picked up in the latter part of the session, pushing the market firmly into the green.
By the closing bell:
- Sensex surged 426.86 points (0.51%) to settle at 84,818.13
- Nifty climbed 140.55 points (0.55%) to close at 25,898.55
Broader markets also participated in the rally:
- BSE Midcap Index gained 0.8%
- BSE Smallcap Index added 0.5%
The rebound reflects improving risk appetite among investors, driven by expectations of easier global monetary conditions and supportive domestic fundamentals.
Keywords: Indian stock market, Nifty today, Sensex today, market rally, Fed rate cut, global cues, equity markets, midcap stocks, smallcap index, CurrencyGyan Markets Update
