Live: Can market extend gains to fourth day? | FOMC outcome in focus | Opening Bell
Markets surged for the third consecutive day, with the Nifty reclaiming the 22,900 level and moving above its 40-day moving average. Market breadth remained strong, as broader indices outperformed the benchmark indices. Financial heavyweights and Reliance Industries contributed the most to the rally, driving sentiment higher. However, with Nifty's weekly expiry today, volatility is likely to persist in the near term. This morning, global cues were positive. US markets ended higher overnight after the US Federal Reserve kept interest rates steady and indicated two more rate cuts in 2025. Asian markets also started the day higher tracking Wall Street gains. Among stocks, watch out for Hyundai Motor, Vedanta, and Trent today's trading session. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and market expert Sunil Subramaniam.
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