Good news came from the United States and the stock market jumped, reaching a record high
The stock market rose today:The effect of the good news coming from the US has started to be visible in the stock market today. The US Federal Reserve has cut interest rates by 0.50 percent and as expected, the US Central Bank Federal Reserve has cut interest rates. A positive effect has been seen in the Indian stock market. Today, Thursday, the Indian stock market opened with gains and a significant rise was seen in early trade. The US Federal Reserve cut interest rates for the first time in four years on Wednesday evening. The Federal Reserve is also expected to cut rates further. Borrowing becomes cheaper due to the rate cut by the Federal Reserve. Due to this, a good amount of investment will be seen in emerging markets like India.
The immediate impact of the US Federal Reserve’s decision is being seen in the Indian market and Sensex-Nifty has opened at record highs. On Thursday, BSE Sensex started with a gain of 410.95 points at 83,359.17 level and NSE Nifty started at 25,487.05 with a gain of 109.50 per cent points.
The news is being updated.
