• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Sensex, Nifty Continue Upward Trend, Gain Over 1 Pc After US Fed’s Move

OMMCOM NEWS by OMMCOM NEWS
March 20, 2025
in Business

Mumbai:  Indian stock markets extended their winning streak on Thursday, with both Sensex and Nifty closing higher by over 1 per cent, led by buying across various sectors.

Both the exchanges reacted to global trends after the US Federal Reserve kept interest rates unchanged. The US Fed maintained its policy rate in the 4.25 per cent to 4.50 per cent range but signalled a potential half-percentage-point cut by the end of the year.

The Sensex ended the day at 76,348.06, gaining 899 points or 1.19 per cent. During the intra-day session, it moved between 76,456.25 and 75,684.58.

The Nifty also surged by 283 points or 1.24 per cent, closing at 23,190.65. The index touched an intra-day high of 23,216.70 and a low of 22,973.95.

Market sentiment remained bullish, with 44 out of 50 Nifty stocks closing in the green.

The biggest gainers included Bharti Airtel, Titan, Britannia, Eicher Motors, and Bajaj Auto, which saw gains of up to 4.08 per cent.

However, a few stocks, including IndusInd Bank, Trent, Shriram Finance, and Bajaj Finance, ended lower. UltraTech Cement and Axis Bank remained flat.

Broader market indices also performed well. The Nifty Midcap100 index gained 0.64 per cent, while the Nifty Smallcap100 index rose by 0.70 per cent.

All sectoral indices on the NSE ended with gains. Sectors such as IT, Auto, FMCG, Metal, Media, Realty, Oil & Gas, Consumer Durables, and Healthcare rose by over 1 per cent each.

While all sectors closed in the green, these stood out with notable strength. The US indices also gained, further boosting sentiment.

According to experts, the primary catalyst for today’s rally was the Federal Reserve’s decision to keep interest rates steady while signalling two potential rate cuts later this year, which fueled optimism across global markets.

The Indian rupee also saw an improvement, closing at 86.36 per dollar compared to the previous day’s closing of 86.44.

According to Sundar Kewat from Ashika Institutional Equity, sectoral performance was broadly positive, with Oil and Gas, Consumption, IT, Automobiles, and Consumer Goods leading the gains.

In the broader Indian markets, Nifty Midcap 100 and Nifty Smallcap indices witnessed strong gains, reflecting broad-based buying interest, he added.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Over 3.3K Passenger Buses Operated In Odisha Over Last Decade: Minister

Next Post

Nagpur Violence: Police File Sedition Case Against Fahim Khan, Five Others

Related Posts

Adani Group
Business

‘Baseless, Mischievous’: Adani Group Denies Report Of US Probe Into Alleged Iranian LPG Links

June 2, 2025
Business

India, Japan Agree On Deepening Maritime Ties

June 2, 2025
Business

India’s Coal Production Rises 3.4 Per Cent To Cross 86 Million Tonnes In May

June 2, 2025
Washington, DC : Prime Minister Narendra Modi in a bilateral meeting with Tesla CEO Elon Musk at Blair House, in Washington, DC on Thursday, February 13, 2025. (IANS)
Business

Tesla Has To Manufacture In India, PM Modi And Elon Will Work It Out Soon: Errol Musk

June 2, 2025
Business

Way To Go: Elon Musk’s Father Errol Hails India’s Electric Car Scheme

June 2, 2025
Business

India Inc Posts Stable Q4 Performance Amid Global Headwinds: Report

June 2, 2025
Next Post

Nagpur Violence: Police File Sedition Case Against Fahim Khan, Five Others

IMD Issues Yellow Warning For Thunderstorms In Keonjhar, Mayurbhanj, & Sundargarh

'Deception': Congress Leaders Condemn Detention Of Farmers In Punjab, Stress Right To Protest

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.