Markets climb on rate cut hopes, firm global cues; notch up weekly gains

Times of India | Sep 13, 2019 at 11:41 AM
  • Mumbai, Sep 13 () Benchmark indices finished with smart gains on Friday as investors wagered on another rate cut by the RBI following subdued inflation data amid a broad upmove in global equities on signs of easing US-China trade tensions.
  • After a lacklustre start, the 30-share BSE Sensex saw buying momentum in late-afternoon trade to close 280.71 points, or 0.76 per cent, higher at 37,384.99.
  • Bourses in Hong Kong and Japan ended significantly higher amid signs of easing trade war tensions between the US and China.