Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a positive note on August 09. The BSE Sensex increased 789 points, or 1%, to end the day at 79,675.50. The NSE Nifty 50 finished 248 points, or 1.03% higher, at 24,365. The Bank Nifty closed 0.65% higher, or 325 points, at 50,482. Similarly, the Nifty Midcap 100 closed 500 points (0.88%) higher at 57,180.55
Market Highlight: Bank Nifty closed up 325 points
Updates:
The NSE Nifty 50 closed 1.03% higher at 24,365, while the BSE Sensex closed 1% higher at 79,675.
Eicher Motors, ONGC, Shriram Finance, Tech Mahindra, and Tata Motors were the top gainers in the Nifty 50. Meanwhile, HDFC Life Insurance, Kotak Mahindra Bank, Sun Pharma, and Britannia were the major losers in the Nifty 50 on August 09.
The Nifty 50 was up 250 points or 1.04% at 24,367.80, while the Sensex was up 846 points or 1.07% at 79,732.
The NSE Nifty 50 opened 0.92% higher at 24,339.55, while the BSE Sensex opened 0.98% at 79,656.95.
The 24 carat gold rate in India was Rs 69,660 per 10 grams on August 09. The rate for 24 carat gold per gram is Rs 6,966. The rate of 22 carat gold was Rs 63,855 per 10 grams.
The rate of 24 carat gold has fallen by 2.56% in the last one week, and the yellow metal has risen by 0.19% in the last ten days. The silver is currently quoted at Rs 806.9 per 10 grams.
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six major currencies, remained unchanged at 103.27.
WTI crude prices are trading at $76.13, down 0.08%, while Brent crude prices are at $79.09, down 0.13%, on Friday morning.
Shares in the Asia-Pacific region are trading mixed on Friday morning. The Asia Dow is up by 0.16%, while Japan’s Nikkei 225 is leading with a gain of 1.97%. South Korea’s KOSPI index is trading higher by 1.48%, Hong Kong’s Hang Seng is up by 1.37%, and China’s benchmark Shanghai Composite is also in the green, rising by 0.26%.
U.S. stocks surged on Thursday, with the Nasdaq and S&P 500 both closing over 2% higher after jobless claims dropped more than expected, easing concerns about a rapid weakening in the labor market, according to Returns. The tech-heavy Nasdaq Composite rose by 464.21 points, or 2.87%, to close at 16,660.02. The S&P 500 gained 119.81 points, or 2.30%, ending at 5,319.31, while the Dow Jones Industrial Average increased by 683.04 points, or 1.76%, to finish at 39,446.49.
Source:FE
