INSUBCONTINENT EXCLUSIVE:
Share markets on Wednesday: Private banks, IT and metal stocks led the gainsin the markets.
Domestic
stock markets started Wednesday's session on a highernoteamid positive cues from other Asian peers ahead of US-China trade talks and US
Federal reserve policy meet outcome.The Sensex rose as much as 257.91 points to touch 35,850.41 on the upside, while the the Nifty50
barometer of the National Stock Exchangehit 10,710.20, up 58 points from the previous close
Heavy buying was witnessed in banking, metal and IT stocks
Heavyweights ICICI Bank, Axis Bank, Bajaj Finance and Reliance Industries contributed the most to the advances on the Sensex
deficit is high in order to boost rural sector," said Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas
"Market may take it in its stride even if the fiscal deficit target is breached by a small amount, provided that the government is able to
futures and Asian equities eked out modest gains on Wednesday as investors seized on Apple Inc's earnings and comments from its chief that
also awaiting the outcome of the US Federal Reserve's meeting later in the day.On a net basis, foreign portfolio investors (FPIs) sold
shares worth a net of Rs 354.36 crore Tuesday, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 81.27 crore,