Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in the positive territory. The BSE Sensex surged 545.34 points, or 0.69%, to 79,986.80, while the NSE Nifty 50 gained 162.65 points, or 0.67%, to close at 24,286.50. The large-cap and mid-cap equities led the gains on the broader indices, which concluded in mixed territory. The Bank Nifty index closed at 53,089.25, up 921.15 points, or 1.77%. While media stocks decreased, financial services and banking sectors did better than the other sectoral indices.
The Indian Volatility Index (India VIX) closed down by 3.18 % at 13.21.
Updates:
The NSE Nifty 50 gained 162.65 points or 0.67% to settle at 24,286.50, while the BSE Sensex jumped 545.34 points or 0.69% to 79,986.80.
Tata Consumer Products, HDC Bank, Adani Ports, Axis Bank, and Kotak Mahindra Bank are the top gainers on NSE Nifty 50 index, whereas the top laggards include Titan Company, TCS, Reliance Industries, Hindalco Industries, Divis Lab.
The NSE Nifty 50 was up 135 points or 0.56% at 24,258.95, while the BSE Sensex was up 435 points or 0.55% at 79,876.86.
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading up 0.03% at 105.71 on Wednesday morning.
The Wall Street or US markets closed on a record high note after Jerome Powell, Fed Chairperson, said that the US is on a disinflationary path but not ready for a rate cut. The broader market index, the S&P 500, advanced 0.62% to close at 5,509, marking its frist close above the psychological level of 5,500. Similarly, the tech-heavy Nasdaq Composite rose 0.84% to settle at 18,028.76, closing at a record high, buoyed by a 10% jump in Tesla shares. Following the trend, the Dow Jones Industrial Average gained 162.33 points, or 0.41%, to end at 39,331.85.
Source:FE
