Sensex Rises 333 Points, Nifty Closes Above 23,200; All Eyes on Fed Meet Outcome. What to Expect?
- The Sensex rose 333 points to close at 74,336.45, and the Nifty ended 99 points higher at 23,217.60, supported by gains in FMCG, realty, and PSU banking stocks amid softer oil prices ahead of the US Federal Reserve's policy decision.
- Market breadth was cautious with IT stocks underperforming while metals, FMCG, and insurance sectors showed strength, reflecting an uneven recovery; the Nifty IT fell 1.58% and the Nifty PSU Bank rose 1.44%.
- Foreign Institutional Investors sold equities worth Rs 2,977.86 crore, following recent sharp declines in indices and elevated crude prices near USD 108 per barrel, which along with high bond yields, weighed on risk appetite and market recovery.
- Investors awaited the US Federal Reserve's expected 25-basis-point rate hike and guidance, contributing to cautious market sentiment.
19 Articles
19 Articles
Stock Market Today: Sensex, Nifty Rebound As FMCG, Realty and PSU Banks Lead Gains | 📰 LatestLY
The Sensex gained 332.63 points, or 0.45 per cent, to close at 74,336.45, while the Nifty advanced 99 points, or 0.43 per cent, to settle at 23,217.60. 📰 Stock Market Today: Sensex, Nifty Rebound As FMCG, Realty and PSU Banks Lead Gains.
Sensex, Nifty end higher after 2-day slide; UPI-linked stocks rally, IT drags
The BSE Sensex opened at 74,249.31 and closed at 74,336.45, rising 332.63 points, or 0.45%, from the previous close. The Nifty 50 opened at 23,201.60 and ended at 23,217.60, gaining 99 points, or 0.43%.
Sensex, Nifty hold morning gains at midday; IT drags as metals, FMCG shine ahead of Fed call
Equity benchmarks were holding onto moderate gains at midday on Wednesday, though the rally remained selective and uneven, with information technology stocks emerging as the session’s key drag while metals, FMCG and insurance counters lent support.
Sensex rises 333 points, Nifty closes above 23,200; all eyes on Fed meet outcome. What to expect?
Indian markets ended higher on Wednesday, breaking a two-session losing streak and recovering part of Tuesdays steep losses. Sensex rose 333 points to 74,336, while Nifty gained 99 points to 23,218. FMCG and PSU banks led sectoral gains, while IT stocks declined sharply. Broader markets remained weak amid negative market breadth.
Sensex rises 400 points, Nifty nears 23,250 as investors await Fed meeting outcome. What to expect?
Sensex and Nifty rebounded around 0.5% on Wednesday after Tuesday’s selloff wiped out more than Rs 9 lakh crore from Dalal Street. Investors await the Federal Reserve’s policy decision, while elevated US bond yields and crude prices continue to weigh on sentiment. Analysts expect volatility and stock-specific opportunities amid the weak market.
Coverage Details
Bias Distribution
- 86% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium













