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Sensex rises 400 points, Nifty nears 23,250 as investors await Fed meeting outcome. What to expect?

Indian markets ended higher on Wednesday, breaking a two-session losing streak and recovering part of Tuesday’s steep losses. Sensex rose 333 points to 74,336, while Nifty gained 99 points to 23,218. FMCG and PSU banks led sectoral gains, while IT stocks declined sharply. Broader markets remained weak amid negative market breadth.

Indian markets ended higher on Wednesday, breaking a two-session losing streak and recovering part of Tuesday’s steep losses. Sensex rose 333 points to 74,336, while Nifty gained 99 points to 23,218. FMCG and PSU banks led sectoral gains, while IT stocks declined sharply. Broader markets remained weak amid negative market breadth.
ORIGINAL SOURCE

Economic Times

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