{
  "id": 5565049,
  "title": "Markets snap four-day losing streak as Fed rate hike fears ease",
  "url": "https://urgent.news/2026/09/04/markets-snap-four-day-losing-streak-as-fed-rate-hike-fears-ease",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T13:14:31.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/markets-snap-four-day-losing-streak-as-fed-rate-hike-fears-ease/article71428302.ece"
  },
  "original_language": "en",
  "account": "After four days of losses, equity markets rebounded on Friday due to easing worries about an imminent US Federal Reserve rate hike, even though the week ended in the red for the fourth consecutive time. The Nifty 50 closed at 23,897.70, up 0.10%, while the Sensex reached 76,515.43, gaining 0.48%. Despite the recovery, the Nifty slipped 1.15% for the week, and the Sensex dropped around 750 points. The Nifty peaked near 24,000 intraday before profit-taking took its toll. Vinod Nair, Head of Research at Geojit Investments Limited, attributed the relief rally to eased concerns over a US Fed rate hike, despite persistent geopolitical tensions in the Middle East. Dovish signals from US Fed Governor Christopher Waller, who suggested keeping rates unchanged at the next meeting, and weaker-than-expected US Non-Farm Employment Change data further boosted risk appetite. Sector-wise, metals, financial services, and cement led gains, while real estate, healthcare, pharma, and IT struggled. The Nifty Smallcap 100 gained 0.22%, while the Nifty Midcap 100 fell 0.25%. Market breadth was evenly split, with 245 stocks advancing and 249 declining in the Nifty 500. India's Q1FY27 real GDP grew by 7.8%, surpassing expectations, fueled by strong exports and investment growth. The rupee strengthened, closing near 94.50 against the dollar after an almost 1% weekly appreciation due to FCNR deposit inflows surpassing $127 billion. Brent crude oil climbed 0.3% to around $95.4 per barrel, posing an ongoing risk to sentiment as India imports crude. Gold saw volatile trading, recovering from ₹1,50,000 to ₹1,55,000 after the weaker employment data, with analysts expecting its near-term range of ₹1,52,500–₹1,57,500. Upcoming US unemployment data and the next week's US CPI print will be key in shaping Fed rate expectations. Domestic developments, such as the upcoming 11 mainboard IPOs targeting over ₹7,000 crore, will also influence market sentiment. Analyst Siddhartha Khemka of Motilal Oswal Financial Services noted that crude prices, developments in the West Asian conflict, global rate expectations, and domestic liquidity would be the primary risks for investors.",
  "summary": "The Nifty 50 closed at 23,897.70, up 0.10%, and the Sensex finished at 76,515.43, gaining 0.48%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Ringgit ends lower against US dollar as Fed rate hike debate intensifies",
        "url": "https://urgent.news/2026/09/04/ringgit-ends-lower-against-us-dollar-as-fed-rate-hike-debate",
        "published": "2026-09-04T11:05:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}