Indian stock market: 6 things that changed for market over weekend - Gift Nifty, FPI buying to China’s factory activity
Asian markets are closed today. The US and most European markets will also remain closed today. Catch Live Market Updates here The domestic benchmark indices ended on Friday, the last trading day of 2023, on a negative note, snapping their five-day winning streak, on profit-booking in select heavyweights.
However, the benchmarks Sensex and the Nifty 50 ended the year with healthy gains of 19% and 20%, respectively. On Friday, the Sensex ended 170.12 points, or 0.23%, lower at 72,240.26, while the Nifty 50 declined 47.30 points, or 0.22%, to settle at 21,731.40. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 1st January “After an ebullient market which touched life-time highs, fostered by strong economic numbers and good inflows from overseas investors, and prospects of lower interest rates, witnessed some amount of correction on the last trading day of the week.
Profit booking and the developments around the Middle East, the movements in the Dollar Index etc. are likely to influence the markets at the periphery this week," said Joseph Thomas, Head of Research, Emkay Wealth Management. Here are key global market cues for Sensex today: Most of the Asian stock markets are closed today, January 1, for New Year’s Day.
Asian markets, including China, Japan, Hong Kong and South Korea are shut today. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Gift Nifty was trading around 21,776 level as compared to Nifty futures’ previous close of 21,861, indicating a weak start for the Indian stock market indices. The US stock market ended marginally lower on Friday, the last trading day of 2023, dragged
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