Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: Indian benchmark indices extended their winning streak and finished the trading day in the green, paring intraday dips. The NSE Nifty 50 rose 0.18% to 19,611.05, while the BSE Sensex rose 100.26 points to 65,880.52. Among the broader indices, the Nifty Next 50 and Nifty Midcap 50 led the advances. The volatility index (India VIX) fell by up to 1.27%. Nifty Bank dropped 123.05 points to 44,409.10. FMCG and Pharma were the sectoral indexes’ biggest gainers, with increases of 1% and 0.90%, respectively, while the Nifty Realty, PSU Bank, and Metal sectors experienced severe corrections.
Asian-Pacific markets traded in the red on Wednesday. Chinese indices faced a slight downturn, with the Shanghai Composite experiencing a 0.6% decrease and the Shenzhen Component declining by 0.53%. Over in Japan, the Nikkei-225 saw a modest dip of 0.31%. Meanwhile, Hong Kong’s Hang Seng index took a more substantial hit, dropping by 1.28%. South Korea’s KOSPI also experienced a decrease, albeit a smaller one, down by 0.32%.
Wall Street’s three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve’s interest rate path. The Dow Jones Industrial Average tanked 0.56%, the S&P 500 declined by 0.42% while the tech-heavy Nasdaq index fell 0.08% on Tuesday.
Source:FE
