The S&P BSE Sensex rose nearly 500 points while the Nifty50 rose above 20,200 levels on Friday. The Nifty future closed positive with gains of 0.44% at 20360 levels.
Dollar rebounds after Fed goes big on rate cut
The U.S. dollar rose broadly on Thursday after the Federal Reserve’s significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low