Equities Rally on Fed Rate Cut Optimism; Crypto Markets Watch for Spillover Effects
Indian benchmark indices surged Thursday as the Nifty broke through 25,400 resistance amid growing Optimism about potential Federal Reserve rate cuts. The Sensex climbed 0.47% to 82,992.71 while the Nifty gained 0.45% to 25,437.65 in morning trade.
Financial and consumer stocks led gains, with Axis Bank jumping 2.34% and Titan rising 1.79%. The rally comes as global markets price in dovish Fed expectations, creating favorable liquidity conditions that often benefit both traditional and digital asset markets.
While the report focuses on equities, cryptocurrency traders are monitoring whether the risk-on sentiment spreads to digital assets. The combination of dollar weakness, improving liquidity, and search for yield could potentially drive capital flows toward Bitcoin and major altcoins if the trend sustains.
