Sensex rises over 100 points, Nifty above 10,850

Benchmark indices BSE Sensex and NSE’s Nifty 50 traded higher on Wednesday after retail inflation in May rose to a four-month high on the back of higher fuel prices and a weak rupee.

Asian stocks declined as investors looked to the Federal Reserve policy decision later in the day and any clues it might give on future rate hikes, shifting focus away from the historic US-North Korea summit.

The Indian rupee weakened to a two-week low against the US dollar.

Add WION as a Preferred Source