Stock Market Live Updates: Sensex and Nifty gain amid Fed rate cut anticipation, Hero MotoCorp leads
Updated - September 17, 2024 at 03:43 PM.
Sensex, Nifty, Share Prices LIVE: Indian stock markets saw modest gains
on Tuesday, with the BSE Sensex up 132.77 points at 83,121.55, and the
NSE Nifty50 rising 44.05 points to 25,427.80 by early afternoon trading.
Gains were tempered by caution ahead of the U.S. Federal Reserve’s rate
decision on Wednesday. Former New York Fed President William Dudley’s
call for a half-point cut fueled expectations of an aggressive move.
Hero MotoCorp led the gainers, rising 2.95%, followed by Bajaj Auto,
Britannia, and Bharti Airtel. However, Tata Motors led the losers,
declining by 2.45%. Mixed sentiment prevailed in broader markets, with
more declining than advancing stocks. Technology stocks saw positive
interest, particularly following Infosys’ encouraging results. Investors
remain focused on global cues, particularly the Fed’s decision, which
could set the tone for market performance in the coming days.
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