** Nifty 50 .NSEI, Sensex .BSESN rise about 0.8% each in a broad-based rally, aided by firming bets of U.S. rate cuts and progress in U.S.-China trade negotiations
** All 16 major sectors advance; small-caps .NIFSMCP100 up 0.7%, mid-caps .NIFMDCP100 rise 0.9%
** Other Asian markets gain after U.S. inflation eases in September, boosting Fed rate cut bets for this week and December
** China-US officials work on trade deal framework ahead of Trump-Xi meeting
** Metal .NIFTYMET and oil & gas .NIFOILGAS indexes jump 1% and 1.3% on easing trade tensions
** Reliance Industries RELI.NS gains 2.2%; Investec says RELI's $100 million JV with Meta Platforms META.O is major step in India's AI-driven digital growth
** Coforge COFO.NS rises 4.1% on quarterly profit beat
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))