Sensex Today | Share Market Live Updates: GIFT Nifty signals positive start
Sensex Today | Share Market Live Updates: Benchmark indices dipped on Thursday amid profit booking in large- and mid-cap stocks. The Sensex shed 360 points or 0.51% to close at 70,701, while the Nifty shed 101 points or 0.47% to close at 21,353.
Shares of Wipro, Tech Mahindra, HCL Tech, Bharti Airtel, Axis Bank, Kotak Bank, HDFC Bank, Asian Paints, SBI, Sun Pharma, Tata Steel, and HDFC Bank were all down between 1.5% and 6%.
On Friday, Asian shares declined on Friday as optimism over China rescue measures faded and investors parsed weak results from Intel. Markets in Australia and India were closed for holidays.
Shares in mainland China and Hong Kong dropped after the biggest three-day rally in Hong Kong and China equities since 2022, on bets the latest efforts from Beijing will support the economy and backstop stock markets. Japan’s Nikkei index dropped about 1.5% while Korea’s gained.
The S&P 500 ended a five-session streak of record highs on Friday, with Intel slumping after a bleak revenue forecast, while US economic data showed inflation moderating.
Oil rose to its highest level in about two months as US inventories, Chinese stimulus and an attack on a Russian refinery ignited a rush of trend-following algorithmic buying.
Sensex Today Live: Asian markets trade higher
Asian markets were trading higher on Monday, ahead of a slew of GDP and inflation numbers due out from the region this week. Hong Kong’s Hang Seng index was up 1%, Japan’s Nikkei up 0.8%, and Korea’s Kospi index up 1%.
Sensex Today Live: Oil jumps 1% after Houthis attack on fuel tanker in Red Sea
Oil prices jumped 1% on Monday on fuel-supply concerns after a missile struck a Trafigura-operated fuel tanker in the Red Sea and as Russian refined-products exports are set to fall as several refineries are under repair after drone attacks.
Sensex Today Live: GIFT Nifty signals positive start
The GIFT Nifty is up more than 100 points, indicating a gap-up start for the Indian market.
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