Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: On Thursday, both the NSE Nifty 50 and the BSE Sensex ended in the red. The NSE Nifty 50 closed at 19,253.80, while the Sensex closed at 64,831.41. Smallcaps continued to rise, with the Nifty Smallcap 250 up 1.04% and the Nifty Smallcap 50 up 0.36%, respectively. Bank Nifty and PSU Bank were the highest losers among sector indexes, while Nifty Realty and IT led the gains.
Global oil prices were up in early trade on Thursday backed by tighter U.S. supply, with a focus on China factory activity due later in the day amid recent weak economic expansion data in the world’s second-biggest economy.
The S&P 500 and Nasdaq closed higher on Wednesday as fresh economic data signalled a cooling U.S. economy, reinforcing expectations the Federal Reserve will pause rate hikes in September, according to Reuters. On Wednesday, the Dow Jones Industrial Average went up by 0.11%, the S&P 500 advanced by 0.38%, and the Nasdaq Composite climbed by 0.54%.
Source:FE
