Nifty 50 Hits New High, Tech Stocks Surge

Indias Nifty fifty index soars to a new record high, while BSE Sensex nears a new peak, mirroring a positive trend across Asia-Pacific markets. Wall Streets recent gains, coupled with hopes of US Federal Reserve interest rate cuts, fuel optimism. Technology stocks rebound, driving overall market growth. Japans Nikkei rises, led by tech companies, while South Koreas Kospi advances despite unchanged interest rates. Australias main index sees a modest rise, but China presents a mixed picture with flat indices and falling industrial profits. Global markets react positively to US interest rate cut prospects, pushing many, particularly tech sectors, to new highs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.