Share Market LIVE: Sensex opens at fresh all-time highs, Nifty above 14,600; Bharti Airtel shares jump 5%
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Equity markets were trading with gains on Wednesday morning following strong global cues.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty began the day’s trade at fresh all-time highs, following positive cues from global peers. S&P BSE Sensex reached a fresh high of 49,776 while Nifty 50 breached 14,600 for the first time ever. Bharti Airtel, ONGC, and State Bank of India were the top Sensex gainers on opening. Bajaj Auto, Kotak Bank, and HCL Technologies were the laggards. Broader markets were inching higher and outperforming the benchmark indices. Along with this rose India VIX to breach 23 levels. Asian peers were positive during the early hours of trade. Shanghai Composite, Hang Seng, Nikkei 225, and KOSDAQ were up in the green.
India’s leading telecom giant Bharti Airtel on Tuesday informed the bourses that it has received the relevant approvals for its relevant downstream investments. With this, Bharti Airtel has initiated the process to revise its foreign investment limit to 100% with immediate effect. NSDL updated its website while changing Bharti Airtel’s FPI limit to 100%. This is likely to elicit a response from MSCI, increasing the firm’s weightage in the global indices.