Indian stocks kicked off Wednesday on a roll—BSE Sensex up 373 pts (0.4%), NSE Nifty climbing 126 pts (0.5%) to 26,010. The fuel? Weak U.S. data sparking fresh bets on a Fed rate cut next month.
Spotlight on individual movers:
**Gainers:** - HCL Tech +1% after partnering with AWS to overhaul fintech operations - Jayant Infratech soared 5% on landing a Rs. 162cr railway contract - Indraprastha Gas +1.4% post joint venture for biogas/biofuel plants - Indian Overseas Bank +2% on Rs. 835cr tax refund for FY22-23 - Zydus Lifesciences +1% on FDA nod for Verapamil tablets - NCC +1% clinching Rs. 2,063cr construction deal
**Loser:** Bharti Airtel took a 2% hit as its promoter group moved a Rs. 7,100cr block deal ($806M).
The broader vibe? Investors betting on looser Fed policy breathing fresh life into emerging markets. India leading the charge once again.
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Indian stocks kicked off Wednesday on a roll—BSE Sensex up 373 pts (0.4%), NSE Nifty climbing 126 pts (0.5%) to 26,010. The fuel? Weak U.S. data sparking fresh bets on a Fed rate cut next month.
Spotlight on individual movers:
**Gainers:**
- HCL Tech +1% after partnering with AWS to overhaul fintech operations
- Jayant Infratech soared 5% on landing a Rs. 162cr railway contract
- Indraprastha Gas +1.4% post joint venture for biogas/biofuel plants
- Indian Overseas Bank +2% on Rs. 835cr tax refund for FY22-23
- Zydus Lifesciences +1% on FDA nod for Verapamil tablets
- NCC +1% clinching Rs. 2,063cr construction deal
**Loser:**
Bharti Airtel took a 2% hit as its promoter group moved a Rs. 7,100cr block deal ($806M).
The broader vibe? Investors betting on looser Fed policy breathing fresh life into emerging markets. India leading the charge once again.