All the Nifty sectoral indices were trading in the green. The Nifty Metal index gained 2 per cent
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading volatile, moving between gains and losses on Thursday, a day of the monthly expiry of the F&O contracts of April. BSE Sensex gave up 50,000 while the broader Nifty 50 index fell below 14,900. IndusInd Bank, Axis Bank, Bajaj Finserv were the top leaders. HCL Tech, SBI and M&M were among top Sensex laggards. On the flip side, Bajaj Finance and Bajaj Finserv were capping the losses.
The Federal Reserve on Wednesday said that it wants to keep monetary policy loose for the foreseeable future even as it sees the economic recovery gaining pace and the risks from the pandemic starting to ebb. And in a speech to a joint session of Congress later on Wednesday, President Joe Biden will pitch new infrastructure and social spending programs that could add trillions of dollars to the economy in coming years, according to Reuters. The FOMC left its benchmark rate unchanged in the range of 0-0.25 per cent and maintained its monthly pace of bond buying at $120 billion.