Stock markets end higher in-line with firm global trends amid hopes of US Fed rate cut
Mumbai, Sep 8 (PTI) Benchmark stock indices Sensex and Nifty closed with gains on Monday, tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month. The 30-share BSE Sensex edged higher by 76.54 points or 0.09 per cent to settle at 80,787.30 despite profit-booking by investors in the last hour of the session. The barometer opened higher and later jumped 460.62 points or 0.57 per cent to a high of 81,171.38 as auto, oil and private bank shares advanced. However, selling in IT and FMCG shares trimmed gains at