Sensex extends gains to 2nd day, climbs 418 pts; investors get richer by Rs 2.09 lakh crore
Indian equity markets were buoyed by cooling domestic inflation and a pause in rate hikes by the US Federal Reserve, helping lift stocks across sectors. the NSE Nifty closed up 0.62%, or 114 points, at 18,716. Attention is turning to US inflation data and the upcoming FOMC announcement, which could keep interest rates on hold. The rupee hit a two-week high against the dollar, while oil prices recovered some ground.
