Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: After a day of turbulent trading, the NSE Nifty and BSE Sensex ended in the green. The blue-chip Nifty 50 index closed above 19,400, breaking through a crucial resistance level, while the Sensex gained 200 points after recouping losses from the morning session. The broader markets ended mostly in the green, with the India VIX down 0.45%. The Nifty Smallcap 100 and Nifty Midcap 100 excelled, while the Bank Nifty gained more than 1.1% as PSU banking stocks surged. Despite rising more than 1% intraday on the back of Hindalco’s investment plans, Nifty Metal ended in the negative, driven down by Adani Enterprises.
Oil prices eased in early trade on Wednesday, weighed down by fears U.S. interest rates could stay higher for longer and economic growth could slow further in top crude importer China and hurt fuel demand.
The Dow and S&P 500 ended slightly lower on Tuesday as investors stayed worried the Federal Reserve will keep interest rates higher for longer and as bank shares eased, according to Reuters. The Dow Jones Industrial Average declined 0.51%, while the S&P 500 fell 0.28%, and the Nasdaq Composite edged up 0.06%.
Source:FE
