Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The major equity indices saw a good close to the trading day on Wednesday. The BSE Sensex surged 490.97 points, or 0.69%, to 71,847.57, while the NSE Nifty 50 gained 141.25 points, or 0.66%, to end at 21,658.60. The large- and mid-cap stocks drove the gains in the overall indices, which concluded in the green. The Bank Nifty index closed at 48,195.85, up 490.90 points, or 1.03%. The Realty index rises by over 6%, while the Financial Services, Metal, and Energy indexes each improve by over 1%. On the NSE Nifty 50, the top gainers were Bajaj Finance, Tata Consumers, NTPC, ONGC, and IndusInd Bank; the laggards were Dr. Reddy’s Lab, BPCL, LTI Mindtree, HCL Technologies, and Hero MotoCorp. The India VIX, or Indian Volatility Index, closed down by 5.44 %
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down by 0.08% at 102.41.
Shares in the Asia-Pacific region are trading mostly in negative territory on Thursday morning. The Asia Dow is trading down by 1.72%, Japan’s Nikkei 225 is red, down by 2%, Hong Kong’s Hang Seng index is trading down by 0.85% and the benchmark Chinese index Shanghai Composite is trading higher by 0.17%.
U.S. bonds and stocks extended their New Year rout as traders looked to the minutes of the Fed’s last meeting to see if rate cut wagers were too aggressive, reported Bloomberg. The tech-heavy Nasdaq Composite dipped 162.52 points or 1.10% at 14,603.42. The S&P 500 dropped by 34.24 points or 0.72% at 4,708.59, while the Dow Jones Industrial Average ended lower by 285.66 or 0.76%.
Source:FE
