Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a subdued note on August 23. The BSE Sensex increased 80.12 points, or 0.10%, to end the day at 81,133.31. The NSE Nifty 50 ended 22.25 points, or 0.09% higher, at 24,833.75. The Bank Nifty ended the day 0.05% higher, or 24.35 points, at 50,961.35. The Nifty Midcap 100 ended 310.25 points, or 0.53% higher, at 58,534.60.
Market Updates:
The NSE Nifty 50 closed 0.09% higher at 24,833.75, while the BSE Sensex closed 0.10% higher at 81,133.31.
Bajaj Auto, Coal India, Tata Motors, Sun Pharma, and Bharti Airtel were the top gainers in the Nifty 50. Meanwhile, Wipro, Divi’s Laboratories, Nestle India, LTIMindtree, and Asian Paints were the major losers in the Nifty 50 on August 23.
The NSE Nifty 50 opened 0.02% higher at 24,817.40, while the BSE Sensex opened 0.04% higher at 81,084.58.
The 24 carat gold rate in India was Rs 71,220 per 10 grams on August 23. The rate for 24 carat gold per gram is Rs 7,122. The rate of 22 carat gold was Rs 65,285 per 10 grams.
The rate of 24 carat gold has jumped by 0.83% in the last one week, and the yellow metal has risen by 1.30% in the last ten days. The silver is currently quoted at Rs 838.8 per 10 grams.
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, traded up by 0.36%, reaching 101.48.
Bond yields climbed while stocks fell, with Wall Street traders speculating that Jerome Powell may temper market expectations for aggressive interest-rate cuts, according to Bloomberg. The Nasdaq Composite dropped by 299.64 points, or 1.67%, closing at 17,619.35. The S&P 500 declined by 50.21 points, or 0.89%, ending at 5,570.64, and the Dow Jones Industrial Average fell by 177.71 points, or 0.43%, to finish at 40,712.78.
Source:FE
