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Sensex Jumps 500 pts At Open, Nifty Near 17,800; Key Points

Last Updated: September 20, 2022, 09:25 IST

Sensex Today: The Sensex and Nifty indices mirrored global moves and had a gap-up opening.

Global Cues

Asian shares edged up in early trade on Tuesday following a rebound in the final hour of New York trading as investors turned their attention to an expected hefty Federal Reserve interest rate hike this week to tackle inflation.

Tokyo stocks opened higher on Tuesday, extending rallies on Wall Street, with all eyes on the US Federal Reserve’s expected rate hike later this week. The benchmark Nikkei 225 index was up 0.81 percent, or 222.85 points, at 27,790.50 in early trade, while the broader Topix index advanced 0.63 percent, or 12.28 points, to 1,950.84.

Wall Street’s main indexes closed higher on Monday after seesawing during the session as investors wait to see how aggressively the Federal Reserve will hike interest rate hikes at this week’s policy meeting.

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