Sensex Surges 100 pts, Nifty50 Opens Above 16,500; Key Points to Know

Stock Market Today: Equity markets opened on a tepid word amid grim international cues forward of the US Federal Reserve’s rate of interest resolution. The BSE Sensex was down 11 factors to 55,257 and the NSE Nifty50 was across the earlier shut at 16,472.

L&T, Maruti, M&M, Power Grid, Asian Paints, TCS and Ultratech Cement had been the highest Sensex winners, whereas Bharti Airtel, Dr Reddy’s, Titan, Kotak Bank and HUL led losses.

The broader markets, in the meantime, opened in inexperienced. The BSE MidCap and SmallCap indices had been as much as 0.14 per cent greater.

Global Cues

US shares ended sharply decrease Tuesday as a revenue warning by Walmart dragged down retail shares and exceptionally weak client confidence information additionally fueled fears about spending.

Tokyo shares opened decrease Wednesday with buyers taking cues from a lower to revenue estimates by US retail large Walmart, which helped drag down US markets. The benchmark Nikkei 225 index slipped 0.44 per cent, or 120.43 factors, to 27,534.78 in early commerce, whereas the broader Topix index fell 0.31 per cent, or 5.98 factors, to 1,937.19.

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