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Sensex Erases Early Gains, Down Over 150 Points; Nifty Below 24,400; IT Stocks Drag


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Benchmark Indian equity indices, BSE Sensex and Nifty 50, opened up somewhat greater on Wednesday, tracking moderate worldwide signs.

Stock Market Updates

Stock Market Today: Benchmark Indian equity indices, BSE Sensex and Nifty 50, opened up somewhat greater on Wednesday, tracking moderate worldwide signs.

At 12 PM, the BSE Sensex was 54.23 factors, or 0.07% reduced at 80,791.52, while the Nifty 50 went to 24,429, down 27.50 factors, or 0.11%.

Global Cues

Markets in the Asia-Pacific area were trading reduced following South Korea’s President Yoon Suk Yeol’s short charge and succeeding training of martial legislation. South Korea’s Kospi index dropped by 1.8%, while the Kosdaq went down 2.18%.

Other Asian markets likewise saw decreases, with Japan’s Nikkei 225 down 0.3%, the Topix going down 0.4%, Hong Kong’s Hang Seng index down 0.16%, the CSI 300 dropping 0.27%, and the Shanghai Composite sliding 0.13%. Australia’s S&P/ ASX 200 was down 0.55%.

In the United States, both the S&P 500 and Nasdaq Composite shut at document highs overnight, while the Dow Jones saw a decrease. Investors likewise taken in assuring remarks from Federal Reserve authorities, that showed that rising cost of living gets on track to get to the reserve bank’s 2% target, with a “strong” work market.

News organization” markets Sensex Erases Early Gains, Down Over 150 Points; Nifty Below 24,400; IT Stocks Drag



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