Scan to Download
Indian equity benchmarks extended rally for the third consecutive trading session, its longest stretch of losing streak in a month. The BSE Sensex closed over 600 points higher to end above 76,700. The NSE Nifty 50 ended 0.8% higher to settle at 23,777. Intraday, the 30-stock index had risen as much as 1.2% or 929 points and the 20-share index rose as much as 1.2%.
In the currency markets, The rupee ended at a record-closing low of 92.63 against the US dollar.
Meanwhile, crude oil prices fell on reports of US inventories rise. Brent is down $1.15, or 1.11%, at $102.27 a barrel, while WTI has dropped $1.54, or 1.6%, to $94.67. US crude stocks increased by 6.56 million barrels for the week ended March 13, Reuters reported on Wednesday quoting market sources.
The rupee closed at a record low of 92.63 against the US dollar.
The rupee fell to a record low of 92.59 against the US dollar.
The latest directions from the Directorate General of Civil Aviation (DGCA) primarily emphasises passenger rights on delays, cancellations, and denied boarding, and carriage rules for sports equipment, musical instruments and pets.
Atleast 60% of seats on any flight are to be allocated free of charge, aimed at ensuring fair access.
Passenger rights should be prominently displayed across airline websites, mobile applications, booking platforms, and airport counters, aiming to ensure convenience and awareness for passengers.
IndiGo shares traded higher, while SpiceJet fell.
Akshay Chinchalkar of The Wealth Company said the 24,655 level remains an upside hurdle. He sees the next resistance zone at 23,700-23,845 and support in the 23,325-23,512 range.
The rupee began the session at 92.42, compared with Tuesday’s close of 92.37.
Positive
Negative
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
