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Firm global market cues power Sensex, Nifty to fresh record highs
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The BSE Sensex was trading 384 points or 0.54% higher at 71,821, while Nifty50 was trading at 21,562, up 109 points or 0.51% at around 9:20 am.
On Tuesday, the Bank of Japan kept rates steady and maintained its dovish policy guidance, while giving no indication of an end to its negative interest rate regime.
The rise has been also supported by strong domestic macroeconomic data, lower oil prices, sustained inflows from mutual fund investors, record fortnightly foreign purchases and an improving US rate outlook.
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About this in other media
Week Ahead: Auto sales, Q3 updates, US Fed minutes among key triggers; Nifty 50 eyes record highs as markets enter 2024 livemint.com /11 months ago
US overnight funding rate hits record high amid year-end volatility investing.com /11 months ago
Dow futures steady, S&P 500 nears record highs investing.com /11 months ago
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