US Fed spurs Sensex, Nifty to hit lifetime highs
Hindustan Times|December 15, 2023
Benchmark indices rally over 1%, after US central bank signals rate cuts next year
US Fed spurs Sensex, Nifty to hit lifetime highs

Benchmark equity indices Sensex and Nifty rallied over 1% to hit all-time highs on Thursday, propelled by intense buying in IT, tech and realty stocks after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year.

Rising for the second straight session, the 30-share BSE Sensex jumped 929.60 points or 1.34% to settle at 70,514.20, its all-time closing high. During the day, it surged 1,018.29 points or 1.46% to hit its all-time intra-day peak of 70,602.89.

The Nifty rallied 256.35 points or 1.23% to settle at a record closing high of 21,182.70. During the session, it jumped 284.55 points or 1.35% to 21,210.90, its record intra-day peak.

هذه القصة مأخوذة من طبعة December 15, 2023 من Hindustan Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 15, 2023 من Hindustan Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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