LIVE market updates: The Indian benchmark indices traded over half a per cent higher in Wednesday’s late morning deals as RBI Governor Shaktikanta Das unveiled liquidity support measures amid rising Covid-19 cases in India
Among the headline indices, the S&P BSE Sensex was up 300 points at 48,560 and the broader Nifty50 index topped the 14,550-mark. ONGC gained 3 per cent and was the top Sensex gainer, followed by NTPC, Axis Bank, and Bharti Airtel (all up 1%).
All the Nifty sectoral indices were painted green, led by Nifty PSU Bank index, up 1.8 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices were trading 0.6 per cent and 0.5 per cent higher, respectively.
A total of 20 companies, including Tata Steel, Adani Enterprises, Adani Green Energy, Blue Dart Express, Ceat, Craftsman Automation, and Deepak Nitrite are set to release quarterly earnings…