6 things that changed for the stock market over weekend - Gift Nifty to Moody’s US outlook cut
livemint.comHDFC Securities. Read here: Diwali Muhurat Trading 2023: Nifty 50 jumps 100 points; Sensex closes at 65,259 Here are key global market cues Sensex today: Asian markets traded mostly higher on Monday following a tech-driven rally on Wall Street on Friday. Japan’s Nikkei 225 rallied 0.96% and the Topix gained 0.50%.
South Korea’s Kospi rose 0.58%, while the Kosdaq gained 0.50%. Hong Kong’s Hang Seng index futures stood higher at 17,372, compared with the HSI’s close of 17,203.26. Australia’s S&P/ASX 200 traded 0.27% lower.
Meanwhile, Gift Nifty was trading around 19,560 level as against Nifty futures’ previous close of 19,536, indicating a positive start for the Indian benchmark indices. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) US stock market indices ended with strong gains on Friday led by heavyweight tech and growth stocks as Treasury yields eased. The Dow Jones Industrial Average rallied 391.16 points, or 1.15%, to 34,283.1, while the S&P 500 gained 67.89 points, or 1.56%, to 4,415.24.
The Nasdaq Composite ended 276.66 points, or 2.05%, higher at 13,798.11. The tech-heavy Nasdaq Composite posted its biggest one-day percentage rise since May 26, while the S&P 500 posted its highest closing level since September 19. Also Read: Week Ahead: Inflation data, FII activity, global cues among key market triggers this week Among stocks, Nvidia shares jumped about 3%, Meta Platforms stock price surged 2.6% and Microsoft share price gained 2.5%.
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