Mumbai. The stock market of the country opened strongly on Wednesday before the results of the Reserve Bank of India’s monetary policy review meeting. The Sensex gained over 200 points during the early trade and the Nifty was also trading with an increase.
The Sensex was trading at 49,366.02, up 164.63 points, or 0.33 per cent, from the previous session at 9.27 am and the Nifty was also up by 14.743.10 from 59.60 points, or 0.41 per cent, from the previous session.
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The 30-share Sensex Sensex based on the Bombay Stock Exchange (BSE) opened 75.70 points higher at 49,277.09 from the previous session and rose to 49,407.23 in early trade, while the Sensex closed at 49,093.90.
At the same time, the National Stock Exchange (NSE) 50-share sensitive index Nifty opened 32.95 points at 14,716.45 from the previous session and rose to 14,753.95 while the Nifty closed at 14,649.85 during the opening trade.
RBI Governor Shaktikanta Das will announce the decision taken at a meeting of the monetary policy committee of the central bank at 10 am.
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