Sensex surges over 400 points; Nifty above 23,300 after US inflation relief

  • Posted on January 16, 2025
  • By Business News Today
  • 3 Views
Sensex surges over 400 points; Nifty above 23,300 after US inflation relief

Indian benchmark indices, Sensex and Nifty50, opened higher on Thursday for the third consecutive day, driven by US core inflation data that rose less than expected in December, boosting hopes for further Federal Reserve rate cuts. The Sensex rose by 431 points to 77,155, while Nifty50 gained 123 points to 23,336. Other Asian markets also saw gains.
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