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September 12, 2024 2:15 PM

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Sensex and Nifty trading higher driven by positive global cues

 

 

Domestic benchmark indices, Sensex and Nifty are trading higher driven by positive global cues. This uptick comes as expectations rise for increased foreign inflows into domestic equities, fueled by the US inflation data that has reinforced predictions of a 25 basis point rate cut by the Federal Reserve.

         BSE Sensex was trading up 171 points or 0.2 percent to 81,695, and Nifty-50 was at 24,987 with a gain of 69 points or 0.3 percent, a short while ago.   

        The broader markets at BSE were also trading in positive territory. The Mid-cap index was trading nearly one percent up and the Small-cap index gained more than half percent, when the reports last came in.