The National Stock Exchange (NSE) Nifty50 index which opened on a positive note at previous trade on Tuesday at 10,777.55 closed higher at 10,886.80, 149.20 points up or 1.39% high. The domestic benchmark index suddenly breaks its three-day losing streak on Jan. 15, 2019. The index closed higher due to rate cut hopes after inflation declined and Asian peers relied upon.
On the other hand, the Nifty Bank Index closed 27,400.8, up 152.50 points up.
Taking cues from a previous trade and global sentiment it is expected to see a flat opening in today’s trading session.
Global Update: The Wall Street closed higher on China’s hopes.