Nifty, Sensex open higher on global cues and BoJ rate hike
Nifty opened at 25,911.50, up 95.95 points, while Sensex rose to 84,756.79, gaining 274.98 points. This follows the Bank of Japan's rate hike to 0.75%, marking a shift in its monetary policy.
pre-market1 source ↓written by the desknot a recommendation
- interest rates
- 25 basis points
- 0.75%
- index gained
- 95.95 points
- to reach
- 0.37%
- to reach
- 25,911.50
The domestic equity markets opened higher on Friday, buoyed by positive cues from Asia following the Bank of Japan's decision to raise interest rates by 25 basis points to 0.75%.
At the opening, the Nifty 50 index gained 95.95 points or 0.37% to reach 25,911.50, while the BSE Sensex rose 274.98 points or 0.33% to 84,756.79. Global central bank actions are significantly influencing market sentiment.
Not investment advice. For informational purposes only.