The NSE Nifty rose 283.05 points, or 1.24%, to close at 23,190.65. The BSE Sensex rose 899.01 points, or 1.19%, to end at 76,348.06. So far this week, the Nifty has gained 3.5% and is on course to clock its highest weekly gain since July 2022.
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