Indian equities extend gains on Fed cut optimism

India’s equity benchmarks traded higher on Monday, with Reliance Industries and IT shares leading the upmove, as Asian markets followed Wall Street’s rise on expectations of a Fed rate cut in September.At close, the Sensex was up 329.06 points or 0.40 percent at 81,635.91, and the Nifty was up 97.65 points or 0.39 percent at 24,967.75. About 1830 shares advanced, 2169 shares declined, and 178 shares unchanged.
Infosys, TCS, HCL Technologies, Wipro and Hindalco Industries were the top gainers on the Nifty, while losers included  Apollo Hospitals, Nestle India, Bharat Electronics, Adani Enterprises and SBI Life.On the sectoral front, IT index rose 2.3%, Realty index added 0.7%, metal index jumped 0.6%.BSE Midcap and Smallcap indices ended flat.
Rupee Close: 
On 25 Aug'25,the Indian rupee ended marginally lower at 87.58 per dollar on Monday, according to information.
Trading Guide: 
Market experts recommended five stocks to buy today-KRN Heat Exchanger and Refrigeration, Avantel, Shaily Engineering Plastics, Datamatics Global Services, and Fedbank Financial Services.

(Business Correspondent)