{"id":64342,"date":"2025-09-18T04:39:51","date_gmt":"2025-09-18T04:39:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/18\/sensex-nifty-open-higher-it-stocks-surge-as-fed-cuts-interest-rates\/"},"modified":"2025-09-18T04:39:51","modified_gmt":"2025-09-18T04:39:51","slug":"sensex-nifty-open-higher-it-stocks-surge-as-fed-cuts-interest-rates","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/18\/sensex-nifty-open-higher-it-stocks-surge-as-fed-cuts-interest-rates\/","title":{"rendered":"Sensex, Nifty Open Higher; IT Stocks Surge As Fed Cuts Interest Rates"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened higher on Thursday amid optimism over ongoing U.S.-India trade talks.<\/p>\n<p>The benchmark BSE Sensex was up 351 points, or 0.4 percent, at 83,045 in early trade, extending gains for a third consecutive session. <\/p>\n<p>The broader NSE Nifty index edged up by 86 points, or 0.3 percent, to 25,416.<\/p>\n<p>IT stocks traded higher, with Infosys rising 1.7 percent and HCL Technologies climbing 1.3 percent, after the U.S. Federal Reserve cut the benchmark lending rate by 25 basis points to a range of 4.00-4.25 percent and signaled two additional cuts in 2025.<\/p>\n<p>Cochin Shipyard gained 1 percent on securing a Rs. 200 crore deal from ONGC for the repair of a jack-up rig.<\/p>\n<p>Poonwalla Fincorp soared 10 percent after allotting 3.31 crore shares to its promoter, Rising Sun Holdings.<\/p>\n<p>Dixon Technologies rose about 1 percent after it agreed to acquire a 51 percent stake in Kunshan Q Tech Microelectronics India for Rs. 552.99 crore.<\/p>\n<p>Indosolar jumped 5 percent on news that promoter Waaree Energies plans to divest up to 61 lakh shares, representing a 14.66 percent stake the company through an offer-for-sale.<\/p>\n<p>Hyundai India gained 1.2 percent after finalizing a three-year wage settlement with employees at its manufacturing plant near Chennai.<\/p>\n<p>Biocon advanced 1.6 percent after its subsidiary Biocon Biologics received <span class=\"landLinks\">FDA approval<\/span> for two drugs.<\/p>\n<p>Yes Bank was marginally lower after Bandhan Bank and SBI offloaded their stakes in the bank to Japan&#8217;s Sumitomo Mitsui Banking Corporation (SMBC). <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Open Higher; IT Stocks Surge As Fed Cuts Interest Rates<\/a><br \/>\n<br \/>2025-09-18 04:39:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened higher on Thursday amid optimism over ongoing U.S.-India trade talks. The benchmark BSE Sensex was up 351 points, or 0.4 percent, at 83,045 in early trade, extending&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-64342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=64342"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64343"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}