Radiocor News

Indian shares close higher on Powell rate cut comments

BSE Sensex gains 0.75%, NSE Nifty up 0.76% (Il Sole 24 Ore Radiocor) - Mumbai , 26 Aug - Indian shares closed sharply higher, boosted by gains on Wall Street Friday after Federal Reserve chairman Jerome Powell indicated the time has now come for the US central bank to cut interest rates.

The BSE Sensex closed up 0.75% at 81,698.11 points while the NSE Nifty added 0.76% to 25,010.60 points.

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(RADIOCOR) 26-08-24 12:27:12 (0233) 5 NNNN

 


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