Dalal Street rebounds sharply as global cues lift equities and metals

Indian markets rallied as global cues turned supportive, with Sensex crossing 85,000, Nifty ending above 26,000, and silver breaking the ₹2 lakh per kilogram mark.

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2 days ago

Dalal Street rebounds sharply as global cues lift equities and metals

Dalal Street rebounds sharply as global cues lift equities and metals
Indian equity markets saw a strong recovery as improved global sentiment helped benchmarks reclaim key psychological levels. The Sensex moved back above 85,000 after gaining around 450 points to close at 85,268, while the Nifty advanced 148 points to end at 26,047. The rally followed a record-breaking surge on Wall Street, driven by a quarter percentage point interest rate cut by the US Federal Reserve, which boosted global liquidity expectations and risk appetite. Buying interest was broad based across sectors.