The BSE Sensex ended at 57,919.97, up 684.64 points or 1.20% from the previous close. The Nifty gained 171.35 points or 1.01% to end the day at 17,185.70. Benchmark indices had surged as much as 2% earlier in the day.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation