Indian Equity Markets Rally on Fed Rate Cut; Crypto Markets Remain Unmentioned

Indian benchmark indices extended gains for a third consecutive session, buoyed by the US Federal Reserve's 25-basis-point rate reduction. The BSE Sensex climbed 0.39% to close at 83,013.96, while the Nifty 50 ROSE 0.37% to 25,423.60.

Pharmaceutical and IT stocks led the advance, with Eternal Ltd surging 2.96% and SUN Pharma gaining 1.77%. Infosys and HDFC Bank both posted gains exceeding 1%. The auto sector underperformed, with Tata Motors declining 1.13%.

While traditional markets reacted positively to the Fed's dovish pivot, the report contained no mention of cryptocurrency assets or digital asset exchanges. The listed gainers and losers exclusively comprised conventional equities, with no overlap to the provided list of 75 major cryptocurrencies or eight leading exchanges.