Stock markets fluctuate in morning trading

New Delhi (Uttam Hindu News): Indian There was volatility in the stock markets in the morning trading on Wednesday. After opening in the green, the Sensex fell by 337.63 points or 0.47 percent to 71.674.42 points. However, it later made a comeback with a gain of 124.73 points and reached 72,136.78 points. Nifty also fell by 107.25 points and at one time fell to 21,710.20 points. But by afternoon it climbed by 39.50 points to 21,852.80 points.

In Nifty50, shares of Escher Motor were up by four percent and Maruti Suzuki was up by three percent. At the same time, there was a decline of about 2.5 percent each in Tata Consumer and Tata Motors. V.K., chief investment strategist at Geojit Financial Services. Vijayakumar said that the US Federal Reserve will release its decision on policy rates on Wednesday. This will determine the trend in the American market. Deepak Jasani, head of retail research at HDFC Securities, said the Federal Reserve may signal a slower pace of rate cuts this year. Due to this concern, Asian shares remained weak on Wednesday.