Indian shares hold near record highs ahead of Fed policy decision
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Indian shares remain near record highs as traders anticipate a U.S. Federal Reserve interest rate cut on September 18, 2024; Nifty 50 index at 25,371.2 points (-0.05%); S&P BSE Sensex at 82,939.94 (-0.06%); Fed rate cut odds for 50 basis points increased to 67%; VK Vijayakumar from Geojit Financial Services comments on market sentiment; Bajaj Housing Finance shares surged 8% after a strong debut; Ola Electric shares rose 4% following positive ratings from BofA Securities and Goldman Sachs; Panacea Biotech and Torrent Power also saw gains.
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https://www.brecorder.com/news/40322760/indian-shares-hold-near-record-highs-ahead-of-fed-policy-decision