Stock Market Live Updates: Sensex, Nifty edge up in cautious trade ahead of Fed chief’s speech, RBI policy meet
Sensex, Nifty, Share Prices LIVE: Markets opened on a cautiously optimistic note on Wednesday, with the Sensex and Nifty showing marginal gains, while investors closely monitored global economic indicators and upcoming domestic policy decisions. The Sensex opened higher at 81,036.22 from its previous close of 80,845.75 and is currently trading at 81,168.92 as of 9.45 am, up by 323.17 points or 0.40 per cent. Similarly, the Nifty opened at 24,488.75 compared to its previous close of 24,457.15 and is now at 24,558.20, rising by 101.05 points or 0.41 per cent.
Investors are primarily focusing on multiple key events, including US Federal Reserve Chair Jerome Powell’s upcoming speech and the Reserve Bank of India’s (RBI) monetary policy meeting, which begins today. Foreign institutional investors (FIIs) demonstrated renewed confidence by net buying approximately ₹4,000 crore in the previous session, providing a positive sentiment boost to the markets.