5 things that changed for the stock market overnight - Gift Nifty to fall in crude oil prices
Sensex eased 5.43 points, or 0.01%, to close at 66,017.81, while the Nifty 50 fell 9.85 points, or 0.05%, to settle at 19,802.00. “While the secondary market saw a range bound move, the heightened action was seen in the primary market. Overall market is likely to trade sideways in the near term with stock specific action in the broader space," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.
Also Read: Nifty 50, Sensex today: What to expect from stock market indices in trade on November 24 Here are key global market cues for Sensex today: Asian markets traded mixed on Friday as investors watched out for key economic data releases from Japan and also focused on China’s property market. Japan’s Nikkei 225 rallied 0.94%, while the Topix gained 0.67%. South Korea’s Kospi eased 0.17% and the Kosdaq rose 0.10%.
The Hang Seng Index fell 0.78%. The Shanghai Composite Index dipped 0.05% and the Shenzhen Composite Index was flat. Gift Nifty was trading around 19,868 level as against Nifty futures' previous close of 19,875, indicating a tepid start for the Indian benchmark indices.
Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 24 The US stock market was closed on Thursday on account of Thanksgiving holiday. The bond markets also remained shut. Additionally, there will be only half-day trading in the US markets on Friday, November 24.
The stock exchanges New York Stock Exchange (NYSE) and Nasdaq will open at its regular time on Friday but will close at 1 pm EST. The US bond market will close at 2 pm EST on Friday, according to the Securities Industry and Financial Markets Association. On Wednesday, the Dow Jones Industrial Average rallied 184.74 points, or
. Read more on livemint.com
