Tag: jerome powell

CLOSING BELL: Sensex ended at 58,834, up 59 points and the Nifty50 shut shop at 17,559, up 36 points

Friday, August 26, 2022
CLOSING BELL: It was a range-bound trade on the bourses today(26 August 2022) as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight. The S&P BSE Sensex traded between 58,723 and 59,321, and ended at 58,834, up 59 points or 0.1 per cent. The NSE Nfty50, meanwhile, shut shop at 17,559, up 36 points or 0.21 percent. It touched a high of 17,686 and a low of 17,519 on the NSE. In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 settled up to 0.7 percent higher. Sector-wise, the Nifty Metal index rose 1.7 percent, followed by the Nifty PSU Bank index, up 1 percent. On the flipside, the Nifty Private bank index fell 0.3 percent. Read more