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IT Leads Indian Shares Higher; Fed Stance on Rate Cut Eyed
Hindustan Times Pune
|January 30, 2025
India's benchmark indexes rose on Wednesday, as information technology stocks tracked a rebound in global peers, with investors shifting focus to the U.S. Federal Reserve's comments on interest rates.
The Nifty 50 gained 0.9% to 23,163.1, while the BSE Sensex added 0.83% to 76,532.96.
The small-caps and mid-caps gained 3.3% and 2.3% respectively, snapping a three-session losing run.
This story is from the January 30, 2025 edition of Hindustan Times Pune.
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