Sensex Surges 400+ Points in Early Trade on Global Cues, Fed Rate Cut

• Stock markets rallied in early trade, with Sensex jumping over 400 points and Nifty also surging.
• The rally was driven by positive global trends and a rate cut by the US Federal Reserve.
• Sensex climbed 402.99 points to 85,221.12, and Nifty rose 115.3 points to 26,013.85.
• Larsen & Toubro, Tata Steel, and Bajaj Finance were among the top gainers, while Tech Mahindra and ITC were laggards.
• Asian markets mostly traded in positive territory, and US markets ended mostly higher on Thursday.

Why It Matters: Market rally signals economic optimism and affects investor wealth.