Indices trade with major gains; IT shares jump
IT shares advanced, driven by the US Fed keeping interest rates steady and announcing two rate cuts later in the year, which boosted IT stocks.
Market drift higher amid positive global cues; breadth strong
IST, the barometer index, the S&P BSE Sensex, advanced 465.84 points or 0.61% to 75,912.04. The Nifty 50 index jumped 135.65 points or 0.59% to 23,043.25.