Sensex Today | Share Market Live Updates : Global peers mixed, Gifty Nifty, signal muted open for Indian markets
Read the full story here.)Sensex Today Live : The local equity market is anticipated to commence on a subdued note this Friday, taking cues from a mixed global market. Asian markets exhibited a mixed trend, with Japan's Nikkei reaching an unprecedented high.
Concurrently, US stock indices concluded at record closing levels, buoyed by the optimism surrounding potential interest rate cuts by the US Federal Reserve this year.On the previous day, the Indian stock market's benchmark indices concluded with substantial gains. This was propelled by comprehensive buying, spurred by positive global indicators following the US Federal Reserve's indication of three interest rate cuts this year.The Sensex escalated by 539.50 points or 0.75%, culminating at 72,641.19, while the Nifty 50 rose by 172.85 points or 0.79%, settling at 22,011.95.Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services Ltd, expressed expectations for the market recovery to persist in the coming days.
He highlighted that large caps are favorably positioned in terms of valuation comfort and growth visibility. However, he cautioned that volatility in the broader market remains a possibility.
(Read the full story here.)Sensex Today Live : With most global peers climbing up, Indian markets looked poised to have a strong trading session ahead of the long weekend today. Gift Nifty futures were also trading ahead of Nifty 50's Thursday close.At 8 am, Gift Nifty was at 22,071, 60 points ahead of Nifty 50's Thursday close of 22,011.95.Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who
. Read more on livemint.com
