Stock Market Live Updates: Sensex, Nifty trade weak as global stocks decline on Fed rate cut concerns
April 3rd, 2024 10:27
Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened flat on Wednesday, mirroring global stocks’ decline triggered by fresh U.S. data hinting at a possible delay in Federal Reserve interest rate cuts. The BSE Sensex dropped 285.91 points to 73,618, while the NSE Nifty fell 89.60 points to 22,363.70 in early trade. Analysts expect consolidation in Nifty 50 and BSE Sensex near record highs before the RBI’s monetary policy decision and the upcoming corporate earnings season. The RBI is likely to hold rates steady until at least July.
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