Finance
Today Stock Market Highlights: Indian share markets finished slightly higher on Tuesday, but Asian and European stocks gained significantly. Investors are looking forward to critical economic indicators such as India’s GDP data for the June quarter, which will be released later today. Small and mid-cap stocks continue to outperform benchmarks, while the real estate index was the highest performer among sectoral indices.
The Sensex closed at 65,075.82, up 79 points, or 0.12%. The Nifty gained 37 points, or 0.19%, to 19,342.65. Among sectoral indices, the metal and real estate indexes were the leaders. Today’s winners were midcap and largecap stocks. Heavyweights HDFC Bank, Larsen & Toubro, and Tata Steel climbed, but losses in Reliance Industries, Bharti Airtel, and ICICI Bank restrained key indices’ advances.
Asian market surge amid positive US equities performance
Following an uptick in US equities, most Asian stocks experienced a boost, as traders keenly anticipate a slew of economic data in the coming days that could hint at future global central bank policies.
Hong Kong, Japan, and Australia were in the green but shares in mainland China opened with a dip and quickly transitioned to gains. Meanwhile, US futures remained stable after the S&P 500 recorded its first consecutive increase this August.
