Finance
Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: On Wednesday, Indian equity indices rose after the RBI MPC raised the key interest rate by 25 basis points, bringing the repo rate to 6.5%. The rate increase was expected by the market. The Nifty closed above 17850, while the Sensex closed above 60650. The BSE Sensex increased 377.75 points, or 0.63%, to 60,663.79, while the NSE Nifty 50 increased 150.20 points, or 0.85%, to 17,871.70. Adani Enterprises, Adani Ports, HDFC Life, SBI Life, and Bajaj Finance were the top gainers, while Larsen & Toubro, Eicher Motors, Hero Motocorp, Axis Bank, and Hindustan Unilever Ltd were the top losers.
The US equity indices ended the overnight session in green. The Dow Jones Industrial Average rose 265.67 or 0.78% to 34,156.69, S&P 500 rose 52.92 pts or 1.29% to 4,164.00 and Nasdaq Composite Index rose 226.34 or 1.90% to 12,113.79.
Asian markets were trading mixed in the early morning trade on Wednesday. Japan’s Nikkei 225 fell 142 pts or 0.51% to 27,543.39, China’s Shanghai Composite index rose 1.08 pts or 0.03% to 3,249.17, Hong Kong’s Hang Seng rose 27.61 pts or 0.16% to 21,326.31 and South Korea’s KOSPI rose 30.08 pts or 1.23% to 2,481.79.
Source:FE
