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Sensex, Nifty scale fresh peaks after Federal Reserve's rate cut decision

NTPC, Axis Bank, Tata Motors, Tata Consultancy Services, Bharti Airtel, Tech Mahindra, Infosys, and HDFC Bank were the top gainers among the 30 Sensex companies.

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Representative Image/ Pixabay

Representative Image/ Pixabay

In early trading on Thursday, the major equity indices, Sensex and Nifty, surged to all-time highs in response to the US Federal Reserve's decision to lower its benchmark interest rate for the first time in more than four years.

At 83,684.18, the 30-share BSE Sensex reached an all-time high, rising 735.95 points. Comparably, the NSE Nifty experienced a gain of 209.55 points, culminating in a new high of 25,587.10, reported PTI. 

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