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.
After rising over three year high level of $80 a barrel earlier this week, global benchmark came down to $78 a barrel and now is again up to $81 a barrel while OPEC+ deciding to stick to its marginal production easing plan and market remaining tight.
The court also held that the circulars enabling BBB to select the General Manager and Directors of government-owned general insurers are not legally valid and are set aside.
NTPC was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finserv, SBI, Bajaj Finance, Tech Mahindra, Dr Reddy's
On the Multi Commodity Exchange, copper contracts for delivery in October traded higher by Rs 5.25, or 0.74 per cent, to Rs 713.60 per kg
Rupee traded weak as dollar index rallied on the back of US FED tapering bond-buying hints in weeks ahead," said Jateen Trivedi.
