Sensex jumps 200 points, Nifty above 18,650 on gains in IT, financials
Indian equity markets opened higher on Wednesday on hopes of an interest rate pause by major central banks and the Reserve Bank of India’s upcoming monetary policy decision. Various sectors such as IT, banking, financial, auto, media, metal, pharma, healthcare and consumer durables witnessed gains. Torrent Power surged 9% due to its commitment to invest INR 27,000 crore in pumped storage hydro projects.
