Sensex Rises Over 100 Points, HCL Tech Shares Fall Nearly 2%

The Sensex and Nifty moved higher today, boosted by banking, capital goods and FMCG stocks. The Sensex was up over 100 points while Nifty was up nearly 30 points. Asian equities held steady on Wednesday, while the dollar traded near a four-month high as investors await the Federal Reserve’s upcoming policy statement for clues on the future pace of U.S. monetary tightening. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed,