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BSE Sensex jumps to 440 points during Global Trends

Published on March 15, 2023
Current Context: In February, the US consumer price index came largely with the expectations at 6%, which was at 6.4% last month. Indian equity market on March 15th has jumped to 440 points in global trade.
BSE Sensex jumps to 440 points during Global Trends
  • US and European markets ended their trading with gains as latest inflation data from US indicated the price inflation might be reducing.
  • 30-share BSE Sensex increased to 440 points or 0.76% to 58,340 points while NSE NIFTY rose to 109 points or 0.64% to 17,152 points.
  • 28 constituents of Sensex consisting of Maruti Suzuki, TCS and Reliance were trading while in NSE NIFTY, 45 scripts were gained.
  • US stocks ended after the losses in the Silicon Valley bank. Foreign Institutional Investors remained net sellers as they estimated equities worth of Rs. 3086crores.
  • US Federal Reserve is likely to increase the basis points to a 25.

Question:

Q.1 Indian equity market on March has jumped to ______points in global trade.
a. 300
b. 440
c. 450
d. 360
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