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Stock markets rally in early trade tracking firm global trends amid hopes of rate cut by US Fed
Updated On: 08 September, 2025 03:15 PM IST | Mumbai | PTI
Benchmark indices Sensex and Nifty surged in early trade on Monday tracking positive global cues and hopes of a US Fed rate cut this month. The recent GST rate cuts also lifted market sentiment, with Tata Steel, Tata Motors, M&M, Adani Ports and UltraTech Cement among the top gainers. Analysts expect demand for automobiles and consumer durables
Representational Image. File Pic
Benchmark equity indices Sensex and Nifty rallied in early trade on Monday tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month.
The recent GST rate cut announcement also added to markets' optimism during the initial trade.
The 30-share BSE Sensex climbed 296.26 points to 81,007.02 in early trade. The 50-share NSE Nifty rallied 90.35 points to 24,831.35.
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