By Monika Singh | 22 Mar, 2023
Why Nifty, Sensex, Bank Nifty rose today; What is boosting investors’ confidence amid global banking contagion
Nifty and Sensex surged in morning trade on Wednesday but pared some gains while holding crucial levels as investors awaited US Federal Reserve’s interest rate decision. The NSE Nifty 50 surged 100 pts or 0.6%, hitting an intraday high of 17,207.25; BSE Sensex climbed 350 pts to a day’s high of 58,418.78 and Bank Nifty rose 0.5% to 40,085.60. US Federal Open Market Committee (FOMC) will announ...
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