Stock markets benchmark indices trade higher tracking rally in global peers amid US Fed rate cut hopes
Mumbai, Sep 9 (PTI) Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Tuesday in-tandem with a rally in global markets amid hopes of a US Fed rate cut later this month. A rebound in IT stocks also drove the markets higher during the initial trade. The 30-share BSE Sensex rallied 366.87 points to 81,154.17 in early trade. The 50-share NSE Nifty climbed 101.35 points to 24,874.50. From the Sensex firms, Infosys, Tech Mahindra, Tata Consultancy Services, HCL Tech, Adani Ports and Larsen & Toubro were among the major gainers. However, Eternal, Tata Steel, Bajaj