Sensex Today: The key benchmark indices swung between zones as investors turned cautious with the indices nearing life-time highs. The sentiment was also dented following reports of a missile strike on Poland. Earlier reports suggested that it could have been a Russian fired missile, but later in the day US officials suggested that the missile may have fired by Ukrainian forces at an incoming Russian missile.
Back to the markets, the S&P BSE Sensex topped the 62,000-mark for the first time in 13 months, as it scaled a high of 62,053. The 30-share benchmark finally ended with a gain of 108 points at 61,981. In the process, the Sensex is now just 264 points shy of its life-time high 62,245 touched on October 19, 2021.
The NSE Nifty touched a high of 18,442, and eventually settled seven points higher at 18,410.
Reports of civilian killings in Polland from Russian missiles has weakened global sentiment. The missile reportedly struck eastern Poland late Tuesday killing two people. The polish government later said it was an isolated incident.
As per reports, US President Biden has called an ’emergency’ meeting with the G7 and NATO leaders following the incident.
Asian markets fell in early morning trade today with the Nikkei, Hang Seng and Kospi falling 0.7-1.2 per cent.
Meanwhile, US equities had closed higher on Tuesday night after wholesale inflation inched 0.2 per cent up for October against an estimated 0.4 per cent increase.
The Dow gained 0.17 per cent, the S&P 500 and the Nasdaq advanced 0.87 per cent and 1.45 per cent, respectively.
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