Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in positive territory after hitting a fresh lifetime high of 22,440.90 on March 04. The BSE Sensex gained 66.14 points, or 0.09%, to close at 73,872.29. The NSE Nifty 50 closed 27.20 points, or 0.12% higher, at 22,405.60. The large- and mid-cap stocks drove the advances in the broader indices as they closed higher. The Bank Nifty closed at 47,456.10, up 158.60 points or 0.34%.
NTPC, Power Grid, HDFC Life Insurance, BPCL, and ONGC were the top gainers in the Nifty 50. While Eicher Motors, JSW Steel, SBI Life Insurance, M&M, and Apollo Hospitals were the major laggards in the Nifty 50 on March 04.
Shares in the Asia-Pacific region are trading positively on Monday morning. The Asia Dow is up by 1.10%, while Japan’s Nikkei 225 is in the green, showing a gain of 0.75%. Hong Kong’s Hang Seng index has concluded higher by 0.47%, and the benchmark Chinese index Shanghai Composite has ended up by 0.39%.
The US Dollar Index (DXY), gauging the dollar’s value against a basket of six foreign currencies, saw a slight decrease of 0.06%, trading at 103.83.
U.S. bond prices experienced an increase, driven by disappointing factory data and a decrease in consumer sentiment, reinforcing expectations of upcoming interest-rate cuts. Traders examined the latest statements from various Federal Reserve speakers. The stock market saw a resurgence in the technology sector, leading to gains. The Nasdaq Composite, heavily influenced by tech stocks, closed up by 1.12% at 16,272.80. The S&P 500 recorded an increase of 0.80%, gaining 40.96 points to reach 5,137.23, while the Dow Jones Industrial Average concluded higher by 0.23%, adding 89.36 points to finish at 39,085.75, as reported by Bloomberg.
Source:FE
