Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: Domestic indices such as the NSE Nifty 50 and the BSE Sensex gave up prior gains. The Nifty finished barely below 19,400, at 19,396.45, with a 0.01% gain, while the Sensex finished with a 4 point gain, standing at 65,220.03. The Nifty Midcap 100 gained more than 1.1%, while the Smallcap index gained about 0.8%. The India VIX fear indicator finished lower, around 11.75. In broader markets, the Bank Nifty closed modestly lower, having fallen in eight of the nine sessions. The Nifty PSU Bank index was weighed down by Nifty PSU Bank shares, while metal, media, and FMCG firms outperformed. For the second session in a row, Jio Financial Services closes 5% lower.
Oil prices were up in early trade on Tuesday ahead of data later expected to show a draw in U.S. crude oil and gasoline inventories, though persistent concerns over a slowdown in China’s economy limited the upside.
Shares in the Asia-Pacific region were trading in the green on Tuesday. China’s Shanghai Composite and Shenzhen Component was higher by 0.91% and lower by 0.09% respectively. Japan’s Nikkei 225 traded with gains of 0.56%. South Korea’s Kospi advanced 0.39% while Hong Kong’s Hang Seng gained 0.48%. The Taiwan Weighted index recorded a gain of 0.26%.
The Nasdaq ended more than 1% higher and the S&P 500 also rose on Monday, with shares of Nvidia jumping as investors were optimistic ahead of its earnings this week, and other technology-related stocks gaining, according to Reuters. The Dow Jones Industrial Average edged down 0.1%, while the S&P 500 advanced 0.7%, and the Nasdaq Composite surged 1.6%.
Source:FE
