Finance
Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: The major equity indices finished Wednesday’s trading session in the green. The NSE Nifty 50 gained 0.38% to 20,070, while the BSE Sensex gained 245.86 points to 67,466.99. Mid- and small-cap companies led the way in generating gains across the market indices. The Bank Nifty gained 398.10 points to close at 45,909.45. The other sectoral indexes were mostly in the green, with advances led by PSU bank, media, and pharmaceutical companies, while IT and auto stocks were down. The market’s relative volatility was greater, with the VIX rising by 1.17%.
“USDINR CMP- 82.9750 (spot) Indian Rupee depreciated on Wednesday on strong Dollar and surge in global crude oil prices. We expect Rupee to trade with a slight negative bias on rising US Dollar and surge in crude oil prices. Risk aversion in global markets may also weigh on Rupee. However, a positive tone in domestic markets may support Rupee at lower levels. Traders may remain cautious ahead of US CPI data. USDINR spot price is expected to trade in a range of Rs 82.70 to Rs 83.30,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas.
Source:FE
