Finance
Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: Domestic indices finished Friday’s session in the red. The NSE Nifty 50 fell 131.85 points, or 0.77%, to 16,945.05, while the BSE Sensex fell 398.18 points, or 0.69%, to 57,527.10. The Bank Nifty dropped 221.55 points, or 0.56%, to 39,395.35. Cipla, Kotak Bank, Apollo Hospital, Tech Mahindra, and Infosys were the top gainers on the Nifty 50, while Bajaj Finserv, Bajaj Finance, Tata Steel, Hindalco, and Adani Ports were the top losers.
Oil prices fell on Friday, extending the previous day’s losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum Reserve (SPR) may take several years. Brent crude futures slid 48 cents, or 0.6%, to $75.43 a barrel by 0039 GMT, while U.S. West Texas Intermediate crude futures dropped 52 cents, or 0.7%, to $69.44 a barrel.
The US market ended the overnight session in the positive territory with Dow Jones Industrial Average rising 0.23%, S&P 500 climbing 0.30% and the tech-heavy Nasdaq surging 1.01%.
Asian markets were trading in red with China’s Shanghai Composite index falling 0.49%, Hong Kong’s Hang Seng dipping 0.14%, South Korea’s KOSPI declining 0.73% and Japan’s Nikkei 225 dropping 0.23%.
Source:FE
