Live stock market updates: Sensex and Nifty retain 1% earnings; rupee at the highest of 3 months; IT only sector loser



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LIVE Updates on the Stock Market: Senbad and Nifty have extended their Thursday gains when entering into mid-morning trade agreements. On Thursday, the national stock market opened on a solid note, reflecting positive global indices. The BSE Senbad opened more than 250 points, while the Nifty NSE opened above the 10,800 level. The rupee continued to enjoy Thursday morning in the trade agreements and broke the $ 70 mark. for the first time since August 27.

The shares of Reliance Industries Ltd have gained more than 2% to a maximum of Rs 1,176.8 today. This is the highest level since October 17th. Shares of Yes Bank Ltd plunged Thursday to their lowest level in more than two years after credit rating agencies ICRA and CARE Ratings lowered credit ratings for the lender. Jet Airways shares jumped nearly 3% to a record high of 317.90 rupees per share on BSE today, after the airline said that the information reporting the exit Naresh Goyal and the rise in the price of his shares were speculative in nature.

Asian stocks advanced Thursday, the US Federal Reserve movement has hinted that Wall Street was about to end its tightening cycle of the three-year rate, thereby boosting interest in riskier badets, according to a report from Reuters. The dollar struggled and US Treasury yields fell after Jerome Powell said on Wednesday that US key interest rates were "just below" neutral, less than two months after stating that rates were probably "far apart" From this point.

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