Share Market Today: The share market remained bright yesterday, Sensex crossed 76500 and Nifty crossed 23700.

Indian Share Market Latest Updates: The stock market remained bullish on Wednesday morning. Domestic Sensex opened with a gain of 296 points at 76,368, while Nifty-50 opened at 23,633 with a jump of 51 points. Within a few minutes, Sensex rose 500 points to 76,571 and Nifty started trading at 23,740 with a gain of 140 points. At the beginning of today’s trading day, Asian markets were seen strong, while American markets closed with gains on Tuesday.

The two-day monetary policy meeting of the US Federal Reserve is currently going on. The FOMC, chaired by Fed Chairman Jerome Powell, is expected to keep its interest rates unchanged on Wednesday. The impact of this decision can be seen on global markets.

Asian markets boom

Asian markets remained bullish on Wednesday. Japan’s Nikkei 225 rose 1.38 percent, while the Topix was up 0.95 percent. South Korea’s Kospi gained 2.8 percent and Kosdaq gained 1.66 percent. Hong Kong’s Hang Seng index futures were also indicating a higher start. Indian Nifty futures were trading around 23,639, at a premium of 21 points from the previous close, giving positive signals for the domestic market.

Wall Street closed with slight gains

Wall Street closed with a slight gain on Tuesday. The Dow Jones Industrial Average rose 0.10 percent to 46,993, the S&P 500 gained 0.25 percent and the Nasdaq was up 0.47 percent at 22,479.53.

Fall in crude oil prices

Crude oil prices fell as crude inventories rose, according to data from the American Petroleum Institute. Brent crude fell 1.11 percent to $102.27 a barrel and US West Texas Intermediate fell 1.6 percent to $94.67.

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Overall, a bullish effect has been seen in the domestic and Asian markets, while the policy of the US Fed and international crude oil and gold prices are affecting the eyes of investors.

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