logo

FX.co ★ Sensex, Nifty End Marginally Higher Ahead Of Fed Decision

Sensex, Nifty End Marginally Higher Ahead Of Fed Decision

Indian shares inched higher on Monday in cautious trading as investors anticipated a series of central bank meetings this week, culminating in the Federal Reserve's policy meeting on Wednesday.

There is considerable speculation about the Fed's rate cut, with some analysts advocating for a significant 50-basis point reduction.

The benchmark 30-share BSE Sensex concluded the session with a gain of 97.84 points, or 0.12%, closing at 82,988.78. Meanwhile, the broader NSE Nifty index ended at 25,383.75, up 27.25 points, or 0.11%, from its previous close.

NTPC led the gainers, rising by 2.6%, while Larsen & Toubro, Shriram Finance, Hindalco, and JSW Steel saw increases ranging from 1% to 2%.

Conversely, Britannia Industries, SBI Life, Bajaj FinServ, Hindustan Unilever, and Bajaj Finance experienced declines of 1% to 3%.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account