Sensex Today: Stock Market Highlights Today: Nifty forms bullish candle; what will move market on Monday?


Ending the week on a positive note, the benchmark indices surged after a choppy trading session on Friday as investors looked past RBI’s Monetary Policy Committee decision to keep the repo rate unchanged. The Reserve Bank, however, signalled a shift in focus as it ramped up efforts to mop up excess liquidity to pre-crisis levels and raised its inflation forecasts, sending bond yields higher. After settling with cuts for 3 sessions, the 30-share pack Sensex advanced on Friday, rising 412.23 points or 0.70% to settle at 59,447.18. Its broader peer Nifty advanced 144.80 points or 0.82% to close above 17,784.35.

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Wall Street opens lower as yields climb again

US stock indexes opened lower on Friday, dragged down by growth and technology stocks as U.S. Treasury yields surged at the end of a volatile week marked by concerns around aggressive moves by the Fed to tame inflation and the ongoing Ukraine…

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