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Stock market today: Sensex, Nifty 50 end higher led by IT, metal stocks; Q3 results eyed
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BSE Sensex ended higher by 271.50 points or 0.38% at 71,657.71 level while the Nifty 50 closed at 21,618.70 level, up 73.85 points or 0.34%. The official start of the earnings season is scheduled for this Thursday with the Q3FY24 results from Tata Consultancy Services (TCS) and Infosys.
Further, the US Consumer Price Index (CPI) for December is also expected on the same day. On Friday, the CPI for India for December will be released.
Analysts claim that there is no clear directional trend in the market. They anticipate that a trend will show up in the next few days in reaction to the Q3 results.
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