The BSE Sensex rose 469 points, or 0.6%, to 84,950 in Friday morning trade, snapping a four-session losing streak and tracking gains in Asian peers, following an upbeat session on Wall Street overnight as softer inflation raised hopes of further interest rate cuts by the Fed next year. Almost all sectors traded in the green, led by healthcare, pharmaceuticals, oil & gas, and auto stocks. Meanwhile, the Nifty 50 rose 0.2%, mid-caps gained 0.3%, and small-cap stocks climbed 0.6%. However, traders are awaiting the release of the RBI’s minutes of the meeting later today for guidance on the central bank’s monetary policy path. Among the best performers were Tata Motors (up 1.4%), Reliance Industries (up 1.3%), and Bajaj Finserv (up 1.2%), while Power Grid, Infosys, and Larsen & Toubro each rose 1.0%. For the week, the index is heading for a 0.4% decline, which would be the second consecutive weekly loss, amid foreign outflows and uncertainty over a US–India trade deal.
