Sensex up 426 pts, Nifty 25,898 as Fed cut, buying snap 3-day loss

• Indian equity benchmarks Sensex and Nifty closed higher, snapping a three-day losing streak.
• The Sensex rose 426.86 points to 84,818.13, and the Nifty advanced 140.55 points to 25,898.55.
• Buying interest was seen across IT, metal, auto, banking, and financial sectors.
• A 25-basis point rate cut by the US Federal Reserve boosted market sentiment.
• Other factors included value buying, hopes for an India-US trade deal, easing volatility, and positive global cues.

Why It Matters: Stock market recovery affects investments and indicates economic health.