Stock market today: Stock market indices Nifty and Sensex finished higher in volatile trading on Wednesday, driven by selective buying amid falling inflation and positive global signals.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 24,600, BSE Sensex crossed 81,300.
India's wholesale price inflation hit a 13-month low of 0.85% in April 2025, driven by lower prices for food, fuel, and manufactured goods. Experts anticipate a further decline in the coming months. Retail inflation also eased, potentially paving the way for another rate cut by the RBI in June to bolster economic growth amid global challenges.
Nvidia CEO Jensen Huang's net worth neared $120 billion, fueled by soaring demand for AI chips, elevating him on Forbes' billionaires list. Nvidia's market value reached $3 trillion after a major deal with Saudi Arabia to supply AI processors, including a significant portion for a startup backed by the kingdom's sovereign wealth fund.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Tuesday a day after an over 3.5% rally. While Nifty50 went below 24,650, BSE Sensex was below 81,400.