Buy or sell stocks, Aug. 26 -- The key benchmark indices of the Indian stock market commenced the holiday-shortened trading week on a buoyant note, with both the Nifty 50 and Sensex registering modest gains on Monday, August 25. A dovish tilt in commentary from U.S. Federal Reserve Chair Jerome Powell during his recent address bolstered expectations of a potential rate cut, catalysing a wave of risk-on sentiment across global equities. The Nifty 50 index opened on a firm footing, reflecting positive global cues, and traded within a narrow consolidation band for most of the session. It ultimately settled at 24,967.75, marking an increment of 98 points or 0.39% on a closing basis. The Sensex followed suit, exhibiting similar resilience and ...
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