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of <h1>Sensex and Nifty Surge as Lower US Inflation Fuels Rate Cut Hopes; Adani Ports and Tata Motors Lead Gains.</h1> Benchmark indices Sensex and Nifty surged in early trade, mirroring a global market rally following lower-than-expected US consumer inflation, which raised hopes for more Federal Reserve rate cuts. Sensex rose by 595.42 points to 77,319.50, while Nifty increased by 178.45 points to 23,391.65. Major gainers included Adani Ports and Tata Motors, while Nestle and ITC lagged. Asian markets also showed positive trends, and US markets rallied after a drop in US bond yields. Foreign Institutional Investors sold equities worth Rs 4,533.49 crore. Brent crude oil prices increased by 0.44% to USD 82.39 per barrel.
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