India`s stock benchmarks rise on Fed rate cut hopes, US trade talk optimism

Sep 17, 2025, 13:14 GMT+7
** India's equity benchmarks Nifty 50and Sensexrise 0.35% each on optimism over U.S. trade talks and expectations of a Federal Reserve rate cut later in the day
** Gains are broad-based, with 11 of 16 major sectors advancing
** Small-capsclimb 0.7% and mid-capsadd 0.2%
** Public sector banks (PSB)jump 1.3% after CNBC -TV18 reports that the government has no plan to dilute majority ownership in state-owned banks
** IT stocksadvance 0.8% as the Commerce Ministry pushes for a swift, mutually beneficial trade pact with the U.S., following talks in New Delhi
** Investors now await the Fed's decision, with a 25-basis-point rate cut widely expected and more easing likely ahead
** Among key movers, Bharat Electronics gains 2.5% on a 7.12 billion rupees order
** Aditya Birla Fashionrises 3.2% on bullish Morgan Stanley commentary
** Ashok Leylandadds 2% after BofA raises its price target

Sumber : Reuters