MOSt Market Round Up

Market Analysis

20 Sep 2024 | 5 Min Read

Nifty and Sensex both rose over 1.5%, reaching record highs.

Market confidence surged following the Federal Reserve's 50-basis-point interest rate cut.

Widespread buying across sectors, particularly in banking, railways, and defense stocks.

Positive momentum fueled by strong performances in US and European markets.

Nifty surged by 1.50% to end at a record 25,790, while Sensex closed at an all-time high of 84,544.31.

Key Nifty stocks like ICICI Bank, Bharti Airtel, and L&T instrumental in lifting the index.