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Indian benchmark indices saw a sharp correction on Wednesday's session amid selling pressure ahead of the final phase of elections. The Nifty 50 index declined by 0.80 percent, or 183 points, to close at 22,704.70, while the BSE Sensex fell by 667 points, or 0.89 percent, settling at 74,502.90. All indices except for the Nifty Small Cap 100, faced selling pressure and closed with declines.
Get latest articles and stories on Business at LatestLY. Indian benchmark indices saw a sharp correction on Wednesday's trading session amid selling pressure ahead of the final phase of elections Business News | Indian Markets Correct Sharply as Election Enters Its Final Phase.
Brightcom Group has been removed from Nifty Microcap 250 index, Nifty Total Market index and Nifty 500 Value 50 index. Ujjivan Financial Services was excluded from the Nifty Microcap 250 and Total Market index
Investors can benefit from high yields on fixed deposits, bonds, and debt mutual funds in FY 2024. Indian G-secs to be included in global bond indices. Capital gains possible on debt funds with potential interest rate cuts.
India Business News: Indian stock market has hit a milestone with BSE's market cap crossing Rs 400 lakh crore for the first time. The surge, led by retail investors, refle