The NSE Nifty gained 0.69% or 159.75 points to finish at 23,350.40. The BSE Sensex rose 0.73% or 557.45 points to close at 76,905.51. The Sensex and Nifty jumped 4.3% this week – the best weekly performance since July 2022 and February 2021, respectively.
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