Markets rise on tariff hopes, fed cut, tech deal
Indices hit 10-week highs as IT and pharma lifted Sensex to 83,013 and Nifty to 25,423. A 25 bps Fed cut largely priced in and signals of easing US-India tariff friction buoyed risk. Rupee slipped to ₹88.13 against dollar. Nvidia’s $5bn Intel deal grabbed headlines. Reports flag flat 1-yr returns despite heavy domestic inflows, with foreign capital pivotal.