Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: On March 22, the main equity indices ended the day higher. The BSE Sensex gained 190.75 points, or 0.26%, to close at 72,832, while the NSE Nifty 50 closed 84.80 points, or 0.39% higher, at 22,096.75. Nifty Midcap 100 closed at 47,312.85, up nearly 300 points, or 0.59%.
The NSE Nifty 50 closed 0.33% higher at 22,084.30, while the BSE Sensex closed 0.19% higher at 72,776.78.
Maruti Suzuki, Hero MotoCorp, UPL, Apollo Hospitals, and Titan were the top gainers in the Nifty 50. While LTIMindtree, Infosys, Wipro, HCL Technologies, and Tech Mahindra were the major losers in the Nifty 50 on March 22.
The US Dollar Index (DXY), gauging the dollar’s strength against six major foreign currencies, saw a 0.51% increase, reaching 103.94 in trading.
According to a report from Bloomberg, the relentless surge in U.S. stocks continued fueled by optimism surrounding the Federal Reserve’s potential ability to orchestrate a smooth economic transition, thereby enhancing prospects for corporate earnings. The tech-heavy Nasdaq Composite closed up by 32.43 points or 0.20% at 16,401.84. Meanwhile, the S&P 500 saw a gain of 16.91 points or 0.32% at 5,241.53, and the Dow Jones Industrial Average concluded the day higher by 269.24 points or 0.68% at 39,781.37.
Conversely, on Thursday, March 21, the American Depository Receipt (ADR) shares of prominent Indian IT giants Infosys and Wipro witnessed a decline of 2-4% on Wall Street. This downward movement followed Accenture’s decision to revise down its revenue growth guidance for FY24, prompted by an uncertain economic climate that has compelled clients to scale back spending on consulting services.
