Sensex jumped to its record high of 83,773.61 before ending at 83,184.80 with a gain of 237 points, or 0.29%. The Nifty 50 rose to its fresh high of 25,611.95 but settled 38 points, or 0.15%, higher at 25,415.80.
At closing, Sensex was down 131 points or 0.16 per cent at 82,948 and Nifty was down 41 points or 0.16 per cent at 25,377.
Tech giant Apple on Wednesday announced that its generative AI offering called ‘Apple Intelligence’ will be available in more languages next year, including English (India).
After the rate cut decision, the US dollar turned higher, putting pressure on gold like safe commodities.
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore.
"The anticipation of returning to normalcy by companies is fueling a strong hiring sentiment as there has been pent up demand across sectors"
"There are difficult times and moments of uncertainty, especially after two difficult years due to the (COVID-19) pandemic"
Housing.com & NAREDCO suggested that the government should hike tax rebates on housing loans’ interest rates, reduce Goods and Services Tax (GST) on construction materials, expand credit availability to small developers, and cut stamp duty to boost housing demand.
Mr Ajay Singh, Chairman & Managing Director of SpiceJet, India’s second-largest airline by fleet size is the new senior vice-president of ASSOCHAM.
The weighted average maturity of new issuances of dated securities was higher at 16.88 years in Q3 of FY22 as compared to 16.51 years in Q2 of FY22, according to the quarterly report on public debt management.
