MARKET LIVE: SGX Nifty signals positive start post Fed rate hike, up 100pts

2 weeks ago 34

Opening Bell

Stock market live updates: The Indian markets opened with strong gains on Thursday after global markets cheered the 75 bps hike by the US Fed overnight. 

The BSE Sensex rose 568 points to 53,109, while the NSE Nifty was at 15,860, higher by 170 points.

Among the Sensex-30 shares, Reliance, Bajaj twins, ICICI Bank, IndusInd Bank, Maruti, SBI, Titan and Axis Bank led gains, rising up to 2 per cent. Nestle, Dr Reddy's, HUL and Bharti Airtel, meanwhile, were the handful of losers. 

In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1 per cent higher.  

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