Sensex Jumps 850 Pts And Nifty50 Crosses 15,600 Led By Financial And It Shares

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: Indian stock benchmarks BSE Sensex and NSE Nifty50 started Tuesday’s session higher amid gains in other Asian markets, though concerns persisted over aggressive hikes in COVID-era rates and their impact on economic growth. Gains across all sectors propelled headline indices higher, with financials, oil & gas and IT stocks being the biggest contributors. Broader investors worldwide have been waiting for key testimony from Fed Chair Jerome Powell to come out this week, in which the US central bank is widely expected to remain committed to acting aggressively to contain a four-decade high inflation.

First print: IST

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