Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation to oil prices
Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to settle at 22,335.70. “Pain is likely to continue in the broader market amid stretched valuation and red flags from SEBI. Also, the mandatory disclosure format for mutual funds shared by SEBI to look at the stress situation in the funds, will be out by March 15.
This is also adding to the ongoing concerns. Thus, volatility in midcap and smallcap could keep the benchmark indices in check," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 13 Here are key global market cues for Sensex today: Asian markets gained following an overnight rally on Wall Street.
Japan’s Nikkei 225 rose 0.73%, while the Topix gained 0.79%. South Korea’s Kospi added 0.48% and the Kosdaq inched 0.1% higher. Hong Kong’s Hang Seng index futures indicated a weak opening.
Gift Nifty was trading around the 22,459 level, a premium of over 10 points from the Nifty futures’ previous close, indicating a flat-to-positive start for the Indian stock market indices. Also Read: Stock market today: Day trading guide for Nifty 50 to Sensex, six stocks to buy or sell on Wednesday — 13th March US stock market indices ended higher on Tuesday, with the S&P 500 registering a record high close, after the release of consumer inflation data. The Dow Jones Industrial Average rallied 235.74 points, or 0.61%, to 39,005.4, while the S&P 500 jumped 57.3 points, or 1.12%, to 5,175.24.
Read more on livemint.com
Agency probes Philadelphia fatal crash involving Ford that may have been running on automated system
