Bharat Express

Business

This marks a 174.5% surge compared to last week’s figures

Indian benchmark indices experienced a significant boost following a surprising 50 basis points rate cut by the US Federal Reserve.

The funds will accelerate ATGL’s capital expenditure program, allowing rapid expansion of its CGD network across 34 authorized Geographical Areas (GAs) in 13 states

Indian equity indices reached historic highs on Friday, with the Sensex, Nifty, and Nifty Bank all closing at record levels.

The Fed's action has two major benefits for the financial markets. It boosts pricing for a variety of assets and releases some of the brakes on the economy, which has been flagging due to increased interest rates. 

Indian equity indices opened in the green on Friday, buoyed by positive signals from Asian and US markets. By 9:46 a.m.

Among sectoral indices, Auto, financial services, FMCG, real estate, and private banks were major gainers. In contrast, IT, PSU banks, pharma, metals, media, and energy sectors lagged.

Experts predict that the US rate cut will encourage central banks in other countries to consider similar actions

Apple a significant increase in pre-orders for its ‘Make in India’ iPhone 16, with the new lineup set to launch on September 20

Asian markets also reflected positive momentum, with Tokyo, Shanghai, Hong Kong, and Jakarta all trading in the green.