On Nifty, the key gainers were Jio Financial, Tech Mahindra, Tech Mahindra, Eternal, HCL Technologies.The losers included Coal India, NTPC, HUL, Cipla and Sun Pharma.
Rupee breached 92.50-mark against US dollar for first time, and sinks to record intra-day low of 92.57.
Asian markets offered a supportive backdrop, trading higher after overnight gains on Wall Street. Japan’s Nikkei and Topix indices moved up, while South Korea’s Kospi led the rally with strong gains. Futures for Hong Kong’s Hang Seng index also hinted at a positive opening, reflecting improved global risk appetite ahead of key macro triggers.
In the US, Wall Street ended marginally higher as the Federal Reserve began its two-day policy meeting. Investors remain watchful of the central bank’s stance on interest rates, especially amid concerns over rising oil prices and geopolitical tensions. The Dow Jones, S&P 500, and Nasdaq all closed in positive territory, though gains were limited.
Meanwhile, crude oil prices saw some cooling after reports of a rise in US crude inventories, easing supply concerns slightly. The US dollar also weakened for a second straight session, offering some support to emerging markets.
Overall, while global cues remain supportive, volatility is likely to persist. Investors are expected to stay cautious, balancing optimism from global market gains with risks stemming from geopolitical tensions and central bank decisions.