{"id":45038,"date":"2024-03-20T04:37:59","date_gmt":"2024-03-20T04:37:59","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/20\/sensex-nifty-modestly-higher-led-by-auto-stocks\/"},"modified":"2024-03-20T04:37:59","modified_gmt":"2024-03-20T04:37:59","slug":"sensex-nifty-modestly-higher-led-by-auto-stocks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/20\/sensex-nifty-modestly-higher-led-by-auto-stocks\/","title":{"rendered":"Sensex, Nifty Modestly Higher Led By Auto Stocks"},"content":{"rendered":"
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Indian shares were slightly higher in cautious trade on Wednesday as investors eagerly await the Federal Reserve’s interest rate decision and the dot plot projections later in the day. <\/p>\n

The benchmark S&P BSE Sensex was up 132 points, or 0.2 percent, at 72,144 while the broader NSE Nifty index was up 31 points, or 0.1 percent, at 21,848.<\/p>\n

Zomato rose 1.3 percent after launching a ‘Pure Veg Mode’ along with a ‘Pure Veg Fleet’ for customers who have a 100 percent vegetarian dietary preference.<\/p>\n

Reliance Power jumped 3.7 percent after settling debts of three major banks. Shares of its parent Reliance Infrastructure was up around half a percent. <\/p>\n

Automakers traded higher, with Maruti Suzuki India and Eicher Motors climbing 2.5 percent and 4 percent, respectively. <\/p>\n

BPCL added 1.5 percent after it signed a deal with BP to buy 1 million barrels per month of U.S. WTI crude for four months.<\/p>\n

FMCG giant Nestle and private sector lender IndusInd Bank both were up over 1 percent. <\/p>\n

Metal stocks traded weak, with Hindalco and Tata Steel both falling around 2 percent. <\/p>\n<\/p>\n<\/div><\/div>\n