Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 pared most of the morning gains and were up 0.25 per cent in noon deals on Wednesday. Sensex was trading 87 points or 0.23 per cent higher at 37,775, while the broader Nifty 50 index was ruling at 11,128, up 30 points or 0.30 per cent. Among top Sensex gainers were Tata Steel, Axis Bank, Maruti Suzuki, Kotak Mahindra Bank and Bajaj Finserv. On the flip side, Power Grid Corporation of India, HDFC bank, Tech Mahindra, Reliance Industries (RIL), Infosys were among top Sensex laggards. Barring Nifty FMCG, all the sectoral indices were trading in green. Nifty Metal index was up over 3 per cent. US stock indices ended higher in a choppy session even as investors awaited more US government stimulus to fight economic fallout from the COVID-19 pandemic. The Dow Jones Industrial Average rose 0.62%, while the S&P 500 gained 0.36%. The Nasdaq Composite climbed 0.35%.
Demands for interim dividend transfers from the Reserve Bank of India (RBI) to the government effectively result in a creeping monetisation of the deficit, former RBI deputy governor Viral Acharya said on Tuesday. The practice, which had begun a few years ago as a means of resolving a short-term problem, is now ballooning into a perennial problem, Acharya added, speaking at a session of Indian Express Idea Exchange.
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