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. A softer-than-expected US inflation data boosted hopes of two more rate cuts in 2025, which along with a thaw in tensions between the US and China, boosted investor sentiment on Dalal Street today.

The S&P BSE Sensex jumped 700 points to surpass the 84,900 mark, while the NSE Nifty 50 gained more than 200 points to move past 26,000.

The US consumer inflation cooled in September, strengthening expectations that the Federal Reserve will announce rate cuts at its policy meetings in October and December. Lower US interest rates generally enhance the attractiveness of emerging mar...