USIBC congratulated Piyush Goyal and USTR Katherine Tai for a successful reconvening of the US-India Trade Policy Forum and said that they are glad to see the robust agenda set forth by the leaders.
The move is aimed at global energy markets, but also at voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel. Gas prices are at about $3.40 a gallon, more than double their price a year ago, according to the American Automobile Association.
PowerGrid was the top gainer in the Sensex pack, rising around 4 percent, followed by NTPC, Tata Steel, Bharti Airtel, Sun Pharma, and Bajaj Finserv.
Airtel will raise prepaid tariff by around 20 per cent, which will come into effect from November 26.
In the previous session, Sensex ended 1,170.12 points or 1.96 per cent lower at 58,465.89, and Nifty fell 348.25 points or 1.96 per cent to 17,416.55.
In the first quarter of FY 22, the economy grew 20.1 per cent. For the fiscal 2022, RBI has estimated real GDP growth to be at 9.5 per cent -- 7.9 per cent in Q2, 6.8 per cent in Q3 and 6.1 per cent in Q4.
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