Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: The major equity indices finished Thursday’s trading day in positive territory. The NSE Nifty 50 gained 1.23% to 21,182.70, while the BSE Sensex gained up to 929.60 points to 70,514.20. The broader indices finished higher, with Midcap stocks leading the way. The Bank Nifty index rose 640.5 points, or 1.36%, to 47,732.30. Among the major sectoral indices, real estate and information technology equities led the way with gains of more than 3% each. Financial services, private banks, and oil and gas companies all gained more than 1%, while media, healthcare, and consumer durables sectors fell. The biggest gainers on the NSE Nifty 50 were Infosys, Tech Mahindra, LTIMindtree, Wipro, and HCL Tech, while the laggards included Power Grid Corporation of India, HDFC Life Insurance Company, Nestle India, Cipla, and JSW Steel. The volatility index (India Vix) ended up 2.11%.
Shares in the Asia-Pacific region are trading in the negative territorry on Thursday morning. The Asia Dow is trading up 0.47%, Japan’s Nikkei 225 is red, down 0.59%, Hong Kong’s Hang Seng index is trading down 0.89% and the benchmark Chinese index Shanghai Composite is trading down by 1.15%.
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down 0.09% at 102.78.
US stocks closed at fresh highs of the year on Wednesday, after Fed signals three rate cuts in 2024. The tech-heavy Nasdaq Composite advanced 168.17 points or 1.16% to 14,701.57 and the S&P 500 added 55.99 points or 1.21% to 4,699.69. The Dow Jones Industrial Average rose 447.43 points or 1.22% to 37,025.37.
Source:FE
