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Indian equities started on a positive note on Thursday, following five consecutive sessions of gains
Stock Markets Today.
Indian equities opened on a positive note Thursday, coinciding with the weekly F\&O expiry for Nifty, supported by gains in Bajaj Finserv, Reliance Industries, Kotak Bank, TCS, ICICI Bank, Tata Motors, and Axis Bank.
The BSE Sensex climbed 169 points, or 0.21 per cent, to 82,027 in early trade, while the NSE Nifty50 advanced 36 points, or 0.14 per cent, to 25,086.
In the broader market, the Nifty MidCap index rose 0.26 per cent and the SmallCap index added 0.42 per cent. Sectorally, Nifty Bank edged up 0.14 per cent, Financial Services gained 0.35 per cent, and Realty advanced 0.7 per cent.
On the flip side, Media (-0.5 per cent), IT (-0.35 per cent) and FMCG (-0.28 per cent) were under pressure.
Global Cues
Across Asia, markets opened mixed as investors tracked the S&P 500’s four-day losing streak. Japan’s Nikkei 225 slipped 0.3%, while South Korea’s KOSPI gained about 1%.
On Wall Street overnight, equities closed mixed as technology stocks extended their decline and retail earnings sent conflicting signals. The S&P 500 fell 0.24% and the Nasdaq Composite dropped 0.67%, while the Dow Jones Industrial Average ended flat with a slight positive bias.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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