Share Market LIVE: SGX Nifty Hints at Early F&O Expiry Spread; RBI moves to shore up forex, stem rupee slide

Share market news today | Sensex, Nifty, LIVE Stock Quotes: Domestic stock markets soared on Wednesday as bulls took over Dalal Street. The S&P BSE Sensex opened in the green and closed up 616 points or 1.16% at 53,750 while the NSE Nifty 50 index closed up 178 points or 1.13% at 15,989. volatility index has fallen but still remains above 20 levels. Ahead of Thursday’s weekly futures and options expiration, SGX Nifty was in the green, suggesting a continuation of yesterday’s upside. Global signals were largely positive after the surge in Wall Street indices. Among Asian stock markets, Shanghai Composite and Hang Seng were in the red while others gained.

The Reserve Bank of India (RBI) has announced a series of measures to boost foreign exchange inflows, including allowing foreign investors to buy short-term corporate debt and opening up more government securities along the way. fully accessible. This decision should help the rupee plummet. In a statement setting simpler standards for the provisioning of deposits from Non-Resident Indians (NRIs), debt investments by short-term Foreign Portfolio Investors (REITs) and foreign currency borrowings, the central bank said that all capital flows, except for portfolio investment, remain stable and an adequate level of reserves provides a buffer against external shocks.

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