Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.
The Sensex of the BSE, after opening at 33,437.52 points, touched a high of 33,468.78 points and a low of 33,353.09 points.
The BSE Sensex rose nearly 100 points ahead of Reserve Bank of India’s monetary policy review that begins today.
Advertisement
The six-member Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, is scheduled for a two-day meet today and tomorrow.
Rising for the third straight session, the 30-share index gathered another 98.15 points, or 0.29 per cent, to 33,468.78. The gauge had rallied by 401.95 points in previous two sessions.
Similarly, the NSE Nifty gained another 29.60 points, or 0.28 per cent, to trade at 10,274.60 after closing at 10,245.00 points. The Nifty is trading at 10,249.85 points in the morning.
On Tuesday, the Sensex closed at 33,370.63 points.
(With agencies inputs)
Advertisement
