Sensex Tops 80k On Fed Rate-cut Bets; Nifty Nears 24,300

Indian shares opened on a buoyant note Wednesday on growing optimism that the U.S. Federal Reserve will cut interest rates in September.

The benchmark S&P/BSE Sensex jumped 570 points, or 0.7 percent, to 80,013 in early trade while the broader NSE Nifty index was up 163 points, or 0.7 percent, at 24,287.

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by RTTNews Staff Writer

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