Despite mixed global cues, major benchmark indices were trading in the green on Wednesday morning. At 09:15 IST, the Sensex was up 219.76 points or 0.41 per cent at 54106.37, and nifty was up 61.10 points or 0.38 per cent at 16119.40.
top gainers and losers
Asian Paints, L&T, HUL, SBI, Power Grid, NTPC, Bajaj Finance, TCS and Infosys were the gainers in the Sensex, while HCL Tech, Tech M, Dr Reddy’s and HDFC Bank were the only losers.
global signal
Major Asian stocks opened slightly higher on Wednesday morning after two days of huge losses, though gains were limited by a possible slowdown and ongoing concerns about China’s latest COVID-19 outbreak. MSCI’s index of Asia-Pacific shares outside Japan was up 0.66 per cent.
Tokyo shares opened higher on Wednesday ahead of a major US inflation report and rising concerns over rising Covid-19 cases in Japan and abroad. The benchmark Nikkei 225 index was up 0.53 per cent, or 138.69 points, at 26,475.35 in early trade, while the broader Topix index rose 0.43 per cent, or 8.09 points, to 1,891.39.
Wall Street ended in negative territory on Tuesday as rising bearish signals kept buyers out of equity markets ahead of inflation data. The Dow Jones Industrial Average fell 192.51 points, or 0.62 per cent, to 30,981.33, the S&P 500 fell 35.63 points, or 0.92 per cent, to 3,818.8 and the Nasdaq Composite fell 107.87 points, or 0.95 per cent, to 11,264.73.
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