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

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

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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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.