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 policyholders' portion has been subscribed 3.11 times. The employees' portion has been subscribed 2.21 times. The country's largest IPO opened for subscription on Wednesday and will close on May 9.
The minister, while addressing the Semicon India 2022 conference in Bengaluru, said by April or May next year, there will be good news for the nation.
Tata is the smallest sports utility vehicle in the company’s India line-up.
"We expect post-IPO improvements in LIC's operating performance and profitability to drive comparable changes across the wider life insurance sector."
The automobile industry is still not out of the woods and the Reserve Bank of India's (RBI) move to increase the repo rate by 45 basis points will make vehicle loans expensive, said a top official of the Federation of Automobile Dealers Association (FADA).
