Sensex soars 1100 pts, Nifty tops 17,300; Banks, auto, realty shine
Indian indices on Thursday witnessed a positive start as the Sensex surged over 800 points, while the Nifty50 gained around 250 points
Indian indices on Thursday witnessed a positive start as the Sensex surged over 800 points, while the Nifty50 gained around 250 points
The share markets in India rose over 1,200 points to close in the green. Nifty closed near 16,300
The blue-chip NSE Nifty 50 index was down 2.39% at 15,857 by 0349 GMT and the S&P BSE Sensex dropped 2.52% to 52,963.78
Russia’s military action and sanctions imposed by the U.S. and its allies are creating a range of risk
However, Powell did warn the Fed might have to hike more aggressively if inflation kept rising.
Traders in the U.K. and Europe have also dialed back rate-hike bets.
Equity benchmark Sensex crashed about 870 points to slip below the 55,000-level in opening deals on Monday