Rs 4 lakh crore rally in 1 day! Key factors driving Sensex, Nifty to near record high
Indian benchmark indices Nifty and Sensex surged on Wednesday, ending a three-day losing streak. Hopes for a US Federal Reserve rate cut in December, fueled by softer US economic data and easing FII outflows, drove the rally. Global markets also advanced, mirroring overnight gains on Wall Street.
Indian benchmark indices Nifty and Sensex surged on Wednesday, ending a three-day losing streak. Hopes for a US Federal Reserve rate cut in December, fueled by softer US economic data and easing FII outflows, drove the rally. Global markets also advanced, mirroring overnight gains on Wall Street.
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