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FX.co ★ Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian share markets displayed a mixed to slightly positive trend on Thursday, as investors digested a hawkish signal from the Federal Reserve's policy statement while anticipating developments from the forthcoming Union Budget this weekend and the upcoming Monetary Policy Committee (MPC) meeting next week.

The key S&P BSE Sensex rose by 105 points, equating to a 0.1% increase, reaching 76,637 in the morning trading session. Meanwhile, the broader NSE Nifty index climbed by 62 points, or 0.3%, to settle at 23,225.

Bajaj Finance experienced a notable increase of 4.3% following the announcement of an 18% rise in its quarterly net profit.

Investors saw Adani Enterprises, Bajaj Finserv, and Adani Ports climb between 1-3% in anticipation of their earnings reports, which are expected later today.

In contrast, Tata Motors saw a significant decline of 7.6% after reporting a 22% year-on-year decrease in its third-quarter profit.

Ambuja Cements fell by 3.2% despite more than doubling its third-quarter profit, an achievement aided by a significant surge in other income and government grants.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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