Indian Equities Extend Rally Amid Fed Rate Cut Optimism; Crypto Markets Watch Closely

Indian benchmark indices climbed for a second consecutive session as dovish Fed expectations lifted global risk appetite. The Sensex breached 81,900 while Nifty50 crossed 25,100, powered by financials and autos. Market breadth remained positive with 67 stocks hitting annual highs.

While traditional markets celebrated, cryptocurrency traders monitored the risk-on sentiment for potential spillover effects. No direct crypto mentions surfaced in this equity-focused report, but the interplay between monetary policy expectations and digital asset flows remains a key narrative.

Sector rotation saw capital flow into banking and pharma names, a dynamic that often precedes altcoin season when traders diversify beyond Bitcoin. The 0.5-0.7% sector gains mirror typical crypto market volatility compressed into single-day equity movements.