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Tag: us federal reserve rates

Sensex, Nifty hit record highs on U.S. Fed rate cut; banks lead gains

Posted on September 19, 2024 By admin
Sensex, Nifty hit record highs on U.S. Fed rate cut; banks lead gains

The BSE benchmark dropped 131.43 points, or 0.16%, to settle at 82,948.23 on Wednesday (September 18, 2024). | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty climbed to fresh record high levels on Thursday (September 19, 2024) in line with firm global trends after the U.S. Federal Reserve announced the first cut in policy…

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Sensex, Nifty scale fresh peaks after U.S. Federal Reserve’s rate cut

Posted on September 19, 2024 By admin
Sensex, Nifty scale fresh peaks after U.S. Federal Reserve’s rate cut

Bombay Stock Exchange (BSE). | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the U.S. Federal Reserve cut its benchmark interest rate after more than four years. The 30-share BSE Sensex jumped 735.95 points to scale a new all-time high of…

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