Finance
Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: The major equity indices finished Monday’s trading session in the green. The NSE Nifty 50 increased by 418.90 points, or 2.07%, to 20,686.80, while the BSE Sensex increased by 1383.93 points, or 2.05%, to 68,863.93. The broader indices finished in positive territory, with Largecap and Smallcap stocks leading the way. The Bank Nifty index rose 1617.20 points, or 3.61%, to 46,431.40. Among the other sectors indices, banking and oil and gas companies outperformed, while media and pharmaceutical stocks fell. The biggest gainers on the NSE Nifty 50 were Eicher Motors, Adani Enterprises, Adani Ports & SEZ, BPCL, and ICICI Bank, while the laggards were HDFC Life Insurance, Britannia Industries, HCL Technologies, Sun Pharma, and Wipro Company. The Indian Volatility Index (India VIX) closed up by 4.92 %.
Adani Enterprises, Adani Ports, BPCL, L&T, AND ONGC are the top gainers on NSE Nifty 50 index.
Wall Street major indices ended higher on Friday. The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising US interest rates and could begin to cut them next year as inflation cools, reported Reuters. The S&P 500 advanced 0.59% to 4,594.63, the tech-heavy Nasdaq Composite added 78.81 points or 0.55% to settle at 14,305.03, and the Dow Jones Industrial Average surged 294.61 points to 36,245.50.
Source:FE
