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Market advances on expectation of US-China trade talks, Fed rate cut
The New Indian Express Jeypore
|October 28, 2025
DOMESTIC equity benchmarks advanced on Monday with the NSE Nifty 50 index briefly surging past psychologically significant 26,000 threshold and recording a firm finish ahead of the October F&O expiry.
Softer-than-expected US consumer inflation data fueled expectations of a potential Fed rate cut this week and optimism over progress in US-China trade bolstered investor sentiment. The Sensex gained 566.96 points or 0.67% to close the Monday session at 84,778.84, while Nifty50 advanced 170.9 points or 0.66% to settle at 25,966.05. Gold prices fell as demand for safe-haven assets faded. Comex Gold slipped 1.70%, while MCX Gold saw a drop of 1.20% on Monday.
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