October 28, 2021

Prime Team News

News Aapke Seher Ki

fed: Sensex sheds 78 pts forward of Fed final result; Nifty50 under 17,550; ZEE soars 30%, Voda Thought tanks 4% – The Financial Instances Video

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CLOSING BELL: Benchmark indices closed in the red on Wednesday ahead of Fed meeting outcome. Sensex shed 78 pts ahead of Fed outcome and closed below 59,000. Nifty50 closed below 17,550. Media stocks rallied after Zee-Sony merger announcement. “Market in the near term is likely to continue the positive momentum and dips like the ones seen recently are good opportunities to buy quality stocks,” said Mohit Nigam, Head – PMS, Hem Securities. In the 50-share pack Nifty, Tata Motors was the biggest gainer, up 1.80 per cent. NTPC, Tech Mahindra, Bharat Petroleum, HCL Tech, Titan, SBI Life Insurance and IndusInd Bank were among other gainers.

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