Live: Sensex gains 680 pts, Nifty 50 nears 25,050 | Reliance Industries in Focus| Closing Bell
Benchmark indices S&P Sensex and Nifty 50 had maintained their lead on Monday at elevated levels, after US Federal Reserve Chairman Jerome Powell's speech signalled the interest rate cut cycle could begin from the upcoming Federal Reserve meeting scheduled for September. Around 2:00 PM, the S&P Sensex was at 81,746, up 0.81 per cent or 650 points, while the Nifty 50 was at 25,017 levels, up 0.78 per cent or 194 points. Major share markets acorss Asia-Pacific turned hesitant on Monday, while the dollar and bond yields sagged ahead of inflation data that could pave the way for rate cuts in the United States and Europe, while Wall Street braced for earnings from AI darling Nvidia.
#stockmarket, #sharemarket #nifty #sensex #marketclosing
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