CLOSING BELL:  A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls

F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500

market

<b>CLOSING BELL</b><br />
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<strong>Stock market highlights:&nbsp;</strong>A surprise dovish tone by the US Federal Reserve, where it said that the central bank is seeing progress in its fight against high inflation and is looking to slow the pace of rate hikes, cheered market bulls.&nbsp;<br />
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	The S&P BSE Sensex staged a sharp uptick in the fag-end of the session, surging nearly 900 points to hit a fresh lifetime high of 62,412, before it settled at 62,273, higher by 762 points, or 1.24 per cent, relative to Wednesday&#39;s close.<br />
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	The NSE Nifty50, too, topped the 18,500 level in the intra-day trade before it closed at 18,484, up 217 points or 1.19 per cent.<br />
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	Infosys, Power Grid, Wipro, Tech M, HCL Tech, TCS, HDFC, Sun Pharma, HUL, and M&M were the top Sensex winners, rising between 1.5 per cent and 2.7 per cent. On the downside, Kotak Bank, Bajaj Finance, Bajaj Finserv, and Tata Steel were the only losers, down up to 0.5 per cent.<br />
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	In the broader markets, the BSE MidCap and SmallCap indices added 0.5 per cent, and 0.4 per cent, respectively. Among sectors, the Nifty IT index jumped 2.6 per cent, while Nifty FMCG and Financial Services index gained little over 1 per cent.<br />
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	The Nifty Bank index, which settled 0.8 per cent higher, had hit a record high of 43,163.4 during the day.&nbsp;</div>
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Business Standard

F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500 | News on Markets - Business Standard

NIFTY WINNERS | Tata Consumer, Apollo Hospitals, UPL top index gainers

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HEATMAP | 27 of 30 Sensex stocks move higher

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OPENING BELL | Sensex opens 150 pts higher

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PRE-OPEN SESSION | Nifty may open with 50 points-gain

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PRE-OPEN SESSION | Sensex moves 150 pts higher

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CURRENCY ALERT | Rupee strengthens 13 paise to open at 81.72/$

WATCH | Will renewable energy stocks keep your portfolio green?

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	India released its low-carbon emission development strategy at the UN Climate Conference. As the focus on green energy takes centre stage, is it time to add stocks from this space to your portfolio?</div>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="401" src="https://www.youtube.com/embed/E5drCwFP2Es" title="Will renewable energy stocks keep your portfolio green? | Renewable Energy Stock | Business Standard" width="713"></iframe>

Stocks to Watch: TCS, Keystone Realtors, Tata Power, Biocon, HG Infra, Adani

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	Keystone Realtors: The company will debut on the BSE and NSE today. The issue price has been fixed at Rs 541 per share.</div>
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	ACC: Adani group-owned ACC Cement on Wednesday said that its promoter entity, Ambuja Cements, had released the non-disposal undertaking (NDU) on shares of ACC. The company had created the NDU on over 93.9 million shares, or over a 50.05 per cent stake, in ACC in September.</div>
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	Tata Power: In a setback to Tata Power, the Supreme Court on Wednesday dismissed the company&rsquo;s challenge to the Maharashtra Electricity Regulatory Commission&rsquo;s (MERC&rsquo;s) decision to award a Rs 7,000-crore transmission project near Mumbai on a nomination basis to Adani Electricity. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-acc-tata-power-jsw-energy-tcs-adani-group-biocon-hg-infra-pvr-122112400140_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Photo: Bloomberg" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/02/full/1664677014-3298.jpg?im=Resize,width=640" /></a></div>

Rupee weakens 18 paise to close at 81.85/$ Wednesday

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DIIs pump Rs 414 crore into cash market on Wednesday

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Equities record Rs 790 crore of FPI selling on Wednesday

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US Fed minutes on Wednesday: Officials support slowing rate hikes "soon"

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	<img align="" alt="Fed Chair Jerome Powell" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-11/02/full/1667412857-3711.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Fed Chair Jerome Powell" width="620" />
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		Fed Chair Jerome Powell (Photo: Bloomberg)</div>
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Brent flat at $85/bbl; EU mulling Russian oil price caps

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SGX Nifty futures trade 50 points up; hint at positive open

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