Home Business After hitting a record high during the day, the benchmark Niftyfo closed...

After hitting a record high during the day, the benchmark Niftyfo closed marginally higher on Wednesday, led by a surge in state-owned companies on hopes of policy continuity. Investors are now awaiting key inflation readings and the US Federal Reserve’s rate decision due later in the day.

Dear Trader… The 30-share BSE Sensex rose 150 points, or 0.20%, to settle at 76,607. Meanwhile, the broader NSE Nifty future gained 51 points, or 0.22%, to end at 23360. During the day’s trading, the Nifty hit a record high of 23,441.State-owned companies such as Coal India, Power Grid, NTPC,

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