Stock Market Highlights: Sensex ends nearly 700 pts below day’s high and Nifty below 16,000 — rupee hits record low

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: Indian equity benchmarks BSE Sensex and NSE Nifty50 rose on Wednesday, shrugging off mixed moves across global markets as growing signs of a recession in the US kept investors cautious. Gains in financial, FMCG and IT shares pushed the headline indices higher, though losses in oil & gas names limited the upside. Broader markets also strengthened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising almost one percent in early deals. Investors awaited more of corporate earnings from India Inc for domestic cues, a day after HCL Tech reported its results.

First Published: Jul 13, 2022, 07:58 AM IST