Rate cut momentum supports Nifty trade outlook as investors track Fed decision and IPO activity

Indian markets ended higher after the RBI’s 25 basis point rate cut, with investors now tracking the US Fed decision, IPO activity and gold prices for the next directional cues.

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Rate cut momentum supports Nifty trade outlook as investors track Fed decision and IPO activity

Rate cut momentum supports Nifty trade outlook as investors track Fed decision and IPO activity
Buying interest returned to Indian equities on Friday after the Reserve Bank of India cut the policy repo rate by 25 basis points to 5.25 percent, lifting market sentiment. The Sensex closed higher by 447.05 points at 85,712.37, while the Nifty 50 gained 152.70 points to end at 26,186.45. On a weekly basis, the Sensex edged up marginally, though the Nifty slipped slightly, reflecting selective participation.