India, Aug. 11 -- Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty both rising around 1 percent after six straight weeks of declines.
Underlying sentiment was underpinned as geopolitical tensions eased and Fed Vice Chair of Supervision Michelle Bowman supported a more dovish rate path on Saturday, saying she expects three interest-rate cuts this year.
Talks between Russian President Vladimir Putin and U.S. President Donald Trump are being held in Alaska on Friday to negotiate an end to the war in Ukraine.
The announcement of the meeting has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.
The benchmark BSE Sensex jumped 746.29 points, or 0.93 percent, to 80...