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 state-of- the- art scanning machine has been installed under the government's Ease of Doing Business (EoDB) initiative.
In its August half year results Sydney Airport posted nearly A$100 million in losses and a 91 per cent decline of international passengers and 36.4 per cent dip in domestic passengers
We believe that strong operational performance from our world-class asset base will strengthen our balance sheet and lead to investment-grade credit metrics
The concerns on demand due to the pandemic are also affecting oil prices.
Manish Hathiramani, technical analyst with Deen Dayal Investments said: "The markets opened on a soft note this morning. The support for the Nifty is currently at 17,250 and as long as that holds, traders can consider a buy on dips approach for a target of 17,450."
