Last updated time: 15 Mar 2023 09:31 IST
The 30-share BSE benchmark rose above 500 points
Sensex Today: Domestic markets opened higher on Wednesday morning as global sentiment improved on the US inflation report.
Sensex today: Domestic markets edged higher on Wednesday morning as global sentiment improved on the US inflation report. The benchmark Nifty50 rose over 150 points to trade above the 17,150 level, while the S&P BSE Sensex rose over 500 points to trade at 58,409.
Broader markets were also higher in trade as the Nifty Midcap 100 and Nifty Smallcap 100 indices rose up to 1 percent. India VIX volatility index exceeded 6 percent.
All sectors swam in a sea of ​​green, with the Nifty Media and Nifty Metal indices each rising over 1 percent.
Among individual stocks, Axis Bank shares rose over 1 percent after credit rating agency CRISIL Ratings affirmed the bank’s financial position as “stable”.
Meanwhile, shares of NBCC (India) rose more than 3 percent after it bagged a Rs 500-crore job to build its government medical college and hospital in Karaikal, Puducherry.
Global symbols
Globally, US markets rose overnight after annual US consumer inflation fell to 6 percent in February. The Dow Jones, the NASDAQ Composite and the S&P 500 rose as much as 2 percent.
Asia-Pacific markets were also in tandem, with the Nikkei 225, Kospi, Kosdaq, Topix and S&P 200 rising up to 2 percent.
In the commodity market, Brent Crude and WTI Crude rose more than 1 percent to $78 a barrel and $72 a barrel.
Read all the latest business news here
