New Delhi, Sept. 18 -- The Sensex and the Nifty 50 ended higher for the third consecutive session on Thursday, September 18, tracking mixed global cues after the US Federal Reserve cut benchmark interest rates by 25 bps on expected lines and hinted there could be two more rate cuts this year.

The Sensex closed 320 points, or 0.39 per cent, up at 83,013.92, while the Nifty 50 ended the day at 25,421, up 91 points, or 0.36 per cent. The BSE Midcap index rose 0.41 per cent, while the Smallcap index ended flat.

The overall market capitalisation of BSE-listed firms stood at nearly Rs.466 lakh crore, compared to about Rs.465 lakh crore in the previous session.

The Sensex and the Nifty 50 rose about half a per cent each during the session but...