Asian stock markets were also trading with gains in early trade on Wednesday. Image: Reutersstock market news today | Sensex, Nifty, Share Prices Live: Domestic Equity Market Benchmarks BSE Sensex And Nifty was set to open in positive territory on Wednesday, as evidenced by the trends of SGX Nifty in early trade. Nifty futures were trading 42 points or 0.27 per cent higher at 15,829.50 on the Singapore Exchange. In the previous session, the BSE Sensex closed at 52,549.6, while the broader nifty 50 The index closed at 15,748. Asian stock markets were also trading with gains in early trade on Wednesday. Japan’s Nikkei 225 closed with a gain of 0.55 per cent and Topix 0.45 per cent. South Korea’s Kospi rose 0.31 per cent. US stock indices on Wall Street closed with gains in overnight trading. The Dow Jones Industrial and the S&P 500 were up 0.03 per cent, and the Nasdaq Composite gained 0.2 per cent.
A British brokerage said on Tuesday that the Reserve Bank of India is in a bind, given the current state of inflation above the mandated band and weak growth. Rahul Bajoria, chief India economist at Barclays, said in a note that the central bank can increase the repo rate only till the first quarter of the next financial year (April-June 2022) and continue to maintain the interim stance.
read more
.