India’s Nifty and Sensex set for a subdued open after closing in the green for the sixth straight day on Tuesday.
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- India’s Nifty and Sensex set for a subdued open after closing in the green for the sixth straight day on Tuesday.
- Nifty refreshed an all-time high above 22,200, Sensex settled above 73,000.
- Nifty and Sensex await the Fed and RBI Minutes for fresh trading impulse.
The Sensex 30 and Nifty 50, India’s key benchmark indices, are bracing for a subdued start to Wednesday, having rebounded on Tuesday.
Small losses in the Gift Nifty index and mixed Chinese stocks indicate a flattish to lower open for the Indian indices. Nifty and Sensex extended the bullish momentum on Tuesday, in the run-up to te release of the Minutes of the US Federal Reserve and the Reserve Bank of India (RBI) policy meetings.
The National Stock Exchange (NSE) Nifty 50 ended 0.34% higher on the day at 22,196.95 while the Bombay Stock Exchange (BSE) Sensex 30 finished at 73,057.40, up 0.48%.
The US stock markets settled lower on Tuesday, as traders returned from the Presidents’ Day holiday on Monday.
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