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Live: Will Fed’s Jumbo Rate Cut Send Nifty Above 25,500? IREDA, Nazara Tech In Focus| Opening Bell

Indian benchmark indices Sensex and Nifty 50 are likely to open on a flat note tracking cues from the GIFT Nifty. Global cues are mixed after US Federal Reserve cut interest rates by 50 bps. Indian benchmarks climbed to fresh record high but failed to hold on the gains on September 18 and ended negative ahead of US Federal Reserve’s decision on interest rate. At close, the Sensex was down 131.43 points or 0.16% at 82,948.23, and the Nifty was down 41.00 points or 0.16% at 25,377.50. Among stocks in news, the focus will be on NTPC, IREDA and GE T&D India among others. Catch Nandita Khemka in conversation with Peter Cardillo, Chief Market Economist, Spartan Capital Securities and Ruchit Jain, Lead Research Analyst at 5Paisa

first published: Sep 19, 2024 09:01 am