scorecardresearchMarket Wrap: Market ends higher for 5th consecutive day; ECB meet outcome eyed

Market Wrap: Market ends higher for 5th consecutive day; ECB meet outcome eyed

Updated: 21 Jul 2022, 04:34 PM IST
TL;DR.
  • Analysts and economists expect the ECB to raise rates by 25 bps to 50 bps on Thursday and a similar or even bigger hike in September.
BSE Midcap and Smallcap indices closed 1.24% and 0.90% higher, respectively. Nifty50 closed at 16,605.25, up 84 points, or 0.51%. Photo: Unsplash

BSE Midcap and Smallcap indices closed 1.24% and 0.90% higher, respectively. Nifty50 closed at 16,605.25, up 84 points, or 0.51%. Photo: Unsplash