A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 25,415.80, while Sensex ended at 83,184.80. Overnight, Wall Street indices witnessed gains, with S&P 500 and Dow Jones closing at record high levels.

Major Wall Street indexes surged to record highs on Thursday, boosted by gains in global markets and a rise in Treasury yields. Investors’ risk appetite was heightened as the Federal Reserve initiated its first rate-cutting cycle in more than four years, according to a report by Reuters.

The S&P 500 eked out a slight gain in a subdued session while the Nasdaq fell on Monday, weighed down by a drop in technology stocks as investors assessed the likelihood of an upsized rate cut from the U.

Sensex fell by 398 points to close at 81,523 on Wednesday, while the Midcap index declined by 101 points to 58,938, and the Nifty Bank index dropped 262 points to 51,010.

What is the market’s outlook on Friday? Find out how the markets are poised to perform after US Fed’s rate cut.

In US stock markets, the S&P 500 closed higher at 5,480.98, up 1.35 per cent and Japan's Nikkei 225 up 189.37 points at 36,405.12.

The Sensex hit a new high at 83,774 in intra-day deals on Thursday; and has rallied 6% this quarter. Can the BSE benchmark rally another 7.4% to hit the 90K mark by year-end? Check key levels here: BS

On another quiet day for the markets, both the benchmark indices—Sensex and Nifty—held their ground, giving Nifty bulls some breathing room. While the overall market showed little movement, investors remain on edge,

Stock Market LIVE Updates | On Thursday, benchmark indices Sensex and Nifty reached new all-time highs, following positive global trends after the US Federal Reserve implemented its first interest rate cut in over four years.

The US data released overnight indicates that the US labour market is only slowing, not deteriorating. With inflation under control, this means the US is set for a soft landing under a declining interest rate scenario.