Market Wrap: Sensex rises 427 pts, Nifty above 25,850 as D-St breaks 3-day slide after Fed cut

Indian equities rebounded on Thursday, with the Sensex and Nifty climbing after the U.S. Federal Reserve’s 25-basis-point rate cut. This recovery occurred despite the rupee hitting a new record low due to concerns over the lack of a U.S. trade agreement.