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Inventory Market Replace: Sensex Opens 200 pts Increased, Nifty at 18,300; Key Factors to Know

Sensex As we speak: Monitoring sturdy international cues, the Indian fairness markets prolonged features for the second consecutive day on Wednesday.

World Cues

Globally, the US markets shrugged off covid-19 considerations in China and inched up forward of FOMC minutes studying. All main indices – Dow Jones, the S&P 500, and NASDAQ Composite closed over 1 per cent increased.

Markets in Asia-Pacific, too, have been optimistic this morning because the S&P 200, Kospi, Kosdaq, and Hold Seng indices climbed as much as 1 per cent.

On the commodities entrance, crude oil costs superior after Saudi Arabia mentioned that OPEC+ will keep on with output cuts. Brent Crude rose 0.3 per cent to $88 per barrel, whereas WTI Crude elevated 0.4 per cent to $81 per barrel.

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