Stock market today, Oct. 27 -- Indian stock markets moved higher on Monday, with the Sensex and Nifty rebounding after Friday's break in their six-day winning run. Softer-than-expected U.S. inflation data boosted hopes of two more rate cuts in 2025.

The S&P BSE Sensex jumped over 600 points to surpass the 84,700 mark, while the NSE Nifty 50 gained more than 150 points to move past 25,950.

U.S. consumer inflation cooled in September, strengthening expectations that the Federal Reserve will announce rate cuts at its policy meetings in October and December. Lower U.S. interest rates generally enhance the attractiveness of emerging markets like India for foreign investors.

Meanwhile, senior officials from the U.S. and China have agreed on ...