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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to surge as Fed decision triggers global rally
Description: Indian benchmark indices, Sensex and Nifty 50, are likely to scale new highs in the trading session of December 14, tracking global peers. The rally shall come after the US Federal Reserve flagged the end of its tightening cycle and struck a dovish tone on the interest rate outlook.
India's GIFT Nifty was down 0.07% from its previous close at 21,227.50, as of 8:10 a.m., which implies the Nifty 50 will open higher than its last closing level of 20,926.35.
In the overnight session, Wall Street equities surged with the Dow Jones Industrial Average gaining 1.4% to notch a record closing high. Asian...