New Delhi, Oct. 15 -- The Indian stock market staged a strong rebound in Wednesday's trading session, October 15, amid a broad-based rally, with realty stocks leading the gains and a stellar recovery seen in the public sector banks. Tech stocks also recovered as bets for another rate cut by the US Federal Reserve strengthened.
The Nifty 50 gained 0.71% at the 25,323 level, and the S&P BSE Sensex rose 0.61% to 82,605. The broader markets outperformed the front-line indices, with the Nifty Midcap 100 surging 1.11% and the Nifty Smallcap 100 gaining 0.82%.
(more to come)
Published by HT Digital Content Services with permission from MINT....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.