Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a positive note on August 22. The BSE Sensex rose 112.10 points or 0.14% to finish the day’s trading at 81,017.40. The NSE Nifty 50 closed 40 points or 0.16% higher at 24,810.20. The Bank Nifty closed the day 0.53% or 270.20 points higher at 50,955.75. The Nifty Midcap 100 closed 395.90 points or 0.68% higher at 58,839.95.
Share Market Highlight: Tata twins were among top gainers in Nifty 50
Paytm on Wednesday proposed to lower the salaries of its non-executive independent directors, as it looks to save costs amid widening losses. Paytm’s independent board members will earn a maximum annual compensation of up to Rs 48 lakh ($57,228), the company said in an exchange filing.
US markets closed on a higher note on Wednesday as the Fed’s July FOMC minutes of the meeting revealed a dovish stance on rate cuts. The broader market index, the S&P 500, closed 0.42% higher at 5,620.85. Similarly, the tech-heavy Nasdaq Composite advanced 0.57% to settle at 17,918.99. The Dow Jones Industrial Average added 55.52 points, or 0.14%, to end at 40,890.49.