Sensex rises 100 pts on positive global sentiment; Nifty nears 12,050

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Equity benchmarks Sensex and Nifty nudged higher in opening deals on Friday as investors looked beyond domestic factors to focus on positive global sentiment. The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals; while the NSE barometer Nifty added 22.50 points to 12,040.90. On Thursday, The RBI unexpectedly kept benchmark interest rate unchanged at 5.15 per cent and reverse repo rate at 4.90 per cent on concerns of headline inflation breaching its medium-term target.

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Watch Sensex rises 100 pts on positive global sentiment; Nifty nears 12,050 With HD Quality.

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    Equity benchmarks Sensex and Nifty nudged higher in opening deals on Friday as investors looked beyond domestic factors to focus on positive global sentiment. The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals; while the NSE barometer Nifty added 22.50 points to 12,040.90. On Thursday, The RBI unexpectedly kept benchmark interest rate unchanged at 5.15 per cent and reverse repo rate at 4.90 per cent on concerns of headline inflation breaching its medium-term target.

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    Domestic equity benchmark BSE Sensex rallied over 350 points Wednesday driven by gains in banking and IT stocks, amid positive cues from global markets ahead of US Fed policy outcome. The 30-share index was trading 367.24 points, or 0.94 per cent, higher at 39,413.58 at 0930 hours. Similarly, the broader NSE Nifty was quoting 104.75 points, or 0.90 per cent, up at 11,796.25.




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    - Editor: Bhasker Pandey
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    - ASHI, Haryana's website - https://ashi-haryana.org/

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