Indian stock market: 8 things that changed for market overnight - Gift Nifty, US jobless claims to SEBI board decisions
Sensex jumped 568.93 points, or 0.72%, to close at 79,243.18, while the Nifty 50 settled 175.70 points, or 0.74%, higher at 24,044.50.“The upmove in the markets has been gradual so far (except for the last 4 days) as participants are wary of the high valuations. They are also afraid of a sharp bout of profit taking which has not happened so far.
Q1FY25 numbers are also not expected to be great due to election related disruption. Though the breadth of the markets is negative, we expect it to soon improve if the markets sustain at record high levels," said Deepak Jasani, Head of Retail Research, HDFC Securities.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 28Here are key domestic and global market cues for Sensex today:Asian markets rose on Friday with Japan’s Topix index on course to regain its 34-year high.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.06% early in the Asian session, and was on track to gain some 3.2% for the month, its best performance since February.Japan’s Nikkei 225 gained 0.6%, while the Topix rose 0.66%.
South Korea’s Kospi was up marginally, and the Kosdaq was flat. Hong Kong Hang Seng index futures indicated a lower opening.Also Read: Asian Stocks to Gain, Treasuries Rally Into US PCE: Markets WrapGift Nifty was trading around 24,175 level, a premium of nearly 80 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.US stock market ended with minor gains on Thursday as treasury yields eased ahead of the fresh inflation data.The Dow Jones Industrial Average gained 36.53 points, or 0.09%, to 39,164.33, while the S&P 500 rose 5.16 points, or 0.09%, to 5,483.06.
Read more on livemint.com
