December 25, 2024 11:09 am (IST)
Indian stock market positive at intra-day trade but cautious about US Fed policy
Mumbai, Jan 27 (IBNS): The Indian stock market is in the positive zone during the intra-day trade but is cautiously awaiting the policy decision to be taken by the US Federal Reserve (US Fed) later on Wednesday.
The Sensex was up 78.79 points at 24564.74 while the Nifty was up 22.55 points at 7458.70 around 1.30pm.
NTPC, Dr Reddy's Labs, Maruti, Tata Motors and GAIL are among the top gainers while BHEL, HUL, Axis Bank, Bajaj Auto and Coal India have seen their share prices dip.
After market regulator, Securities and Exchange Board of India (Sebi), approved drug discovery firm Sun Pharma Advanced Research Company (SPARC) to raise up to Rs 250 crore through a rights issue, share price of Sun Pharma went up by 1.4% on Wednesday.
Realty stocks such as NBCC, DLF, Prestige Estate, HDIL, Oberoi Realty, Unitech and D B Realty were also trading higher.
Gold prices went up by Rs 361 to Rs 26,785 per 10 grams in futures trading on Wednesday.
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.
Latest Headlines
How to Choose the Best Marriage Loan for Your Wedding Budget
Tue, Dec 24 2024
Want to Retire Early? Use A Retirement Calculator to See How
Tue, Dec 24 2024
Understanding the Various Types of Demat Accounts in India
Tue, Dec 24 2024
Invest in Sugar Stocks: Start Trading Today
Tue, Dec 24 2024
BEL secures Rs 973 crore orders; FY25 order book reaches Rs 9,801 cr
Mon, Dec 23 2024