Stock market news, Oct. 30 -- The Indian stock market concluded on a high note on Wednesday, with both the Sensex and Nifty 50 finishing at 84,997 and 26,054, respectively. The surge was propelled by major players like Reliance Industries, HDFC Bank, NTPC, Adani Ports, Power Grid, HCL Tech, and Tata Steel, which witnessed gains of up to 3% during the day.

In terms of sectors, the Nifty Metal and Oil & Gas indices excelled, each increasing by nearly 2%, while the Auto sector and some banking stocks experienced slight profit-taking.

Abhinav Tiwari, a Research Analyst at Bonanza, mentioned that the market is anticipating the US Federal Reserve's policy announcement and Chair Powell's remarks for insights on the trajectory of interest rates...