Both Sensex and Nifty 50 rose by around 0.5%, fueled by positive global news.
Sensex: Up by 378 points (0.47%), closing at 80,802.86.–
Nifty 50: Up by 126 points (0.51%), ending at 24,698.85.
BSE Midcap index rose by 1%, and Smallcap index increased by 0.5%.–
The total market value of BSE-listed companies jumped to ₹456.7 lakh crore, adding over ₹2 lakh crore in a day.
Asian and European markets also saw gains, with anticipation of a potential rate cut by the US Fed, expected to be either 0.25% or 0.50%, influencing market optimism.
Disclaimer: This information is for educational purposes only and not investment advice. Always consult with a financial advisor before making any investment decisions.