Sensex regains 59,000 on robust FPI buying
Cooling commodity prices, hopes of milder rate hikes too support gains
NEW DELHI : Markets touched a four-month high on Thursday as foreign investors scooped up stocks amid hopes that the cooler-than-expected US inflation will lead to slower interest rate hikes. As a result, the benchmark Sensex soared past the 59,000 mark, last seen on 8 April.
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