April 26, 2024 05:15 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Justice MB Snehalatha takes oath as additional judge of Kerala High Court | NIA arrests key accused in pro-Khalistani attack on Indian Mission in London | Plea filed in Calcutta HC seeking action against Mamata Banerjee's 'judges purchased' remark | LS polls: 88 seats across 13 states, UTs going to polls tomorrow for phase 2; 1202 candidates in fray | 'Neither shocked nor surprised': Mallikarjun Kharge writes open letter to PM Modi over Congress manifesto row
Indian markets recover on Wednesday

Indian markets recover on Wednesday

India Blooms News Service | | 15 Jun 2016, 05:52 pm
Mumbai, Jun 15 (IBNS): The Indian market managed to recover from its four days of consecutive fall on Wednesday with Sensex up 330.63 points to 26726.34 and Nifty up 97.75 points to 8206.60 .

Cabinet approval for the aviation policy and the SBI merger supported the positive mood.

According to media reports, globally analysts expect that the US Federal Open Market Committee (FOMC) during its policy meeting  on Wednesday is not likely to hike rates  or make any commitment towards further rate hike.

But concerns over Brexit -- should the UK vote to leave the European Union (EU) in a referendum on June 23 -- remain.

Some of the top gainers on Wednesday were L&T, ITC, HDFC Bank, SBI, Infosys, NTPC and ICICI Bank while Axis Bank, Dr Reddy's Labs, Sun Pharma and Adani Ports were lower.
 

Image: Wikimedia Commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.