The stock market experienced another upward movement on Wednesday. Nifty closed at 25,330, marking its highest level in the past three months. Sensex also increased by 313 points. The banking sector contributed significantly to this rise, with Kotak Mahindra Bank and State Bank of India being the leading gainers. Government banks showed improvements as well. Both the Bank index and Midcap index saw increases. More companies’ shares rose compared to those that declined. The market is anticipating news regarding the U.S. monetary policy.
