Finance
Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: On Friday, both the NSE Nifty 50 and the BSE Sensex closed in the green. The NSE Nifty 50 ended the trading session at 19,435.30, while the Sensex ended at 65,387.16. The broader markets finished mostly in the green, with the Nifty Smallcap 50 and Nifty Smallcap 100 up 1.61% and 1.17%, respectively. The Bank Nifty rose 1.02% to 44436.10. Among the other sectoral indices, the Nifty Metal, Banks, Auto, and IT were the top gainers.
Asian-Pacific markets traded in the green on Friday. Chinese indices Shanghai Composite and Shenzhen Component increased by 0.47% and 0.53% respectively. Japan’s Nikkei-225 rose by 0.62%, while Hong Kong’s Hang Seng index remained unchanged. South Korea’s KOSPI added a slight 0.02%.
Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending output cuts to the end of the year.
The S&P 500 ended lower and the Nasdaq higher on Thursday after U.S. inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, according to Reuters. On Thursday, the Dow Jones Industrial Average fell by 0.48%, the S&P 500 slipped 0.16%, and the Nasdaq Composite increased by 0.11%.
Source:FE
