Business News›Markets›Stocks›Live Blog›Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a positive start; Asian shares trade mixed
LIVE BLOG
Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a positive start; Asian shares trade mixed
02 Sep 2024 | 08:02:08 AM IST
Synopsis
India's blue-chip equity indices, the Nifty50 and Sensex, reached new record highs, buoyed by strong performances in financial and IT stocks after U.S. economic data alleviated growth concerns.
India's equity indices reached new record highs on Friday, buoyed by strong performances in financial and IT stocks after U.S. economic data alleviated growth concerns. The NSE Nifty 50 climbed 0.33% to 25,235.9, while the S&P BSE Sensex advanced 0.28% to 82,365.7. Both indices rose 1.6% for the week and gained around 1% in August, marking their third consecutive weekly and monthly increase.
Show more1 New Update
Stock Market LIVE Updates: F&O traders could get 80 new stocks to play
Analysts have indicated that the updated eligibility criteria for stocks in futures and options may lead to the addition of 64 to 80 stocks, while 18 to 23 stocks could be removed from the segment.
Stock Market LIVE Updates: Nifty could move towards 25,600: Technical Analysts
The technical trend points to a likely continuation of the current rally, yet the elevated FII long-to-short ratio advises a more cautious perspective for the week.
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide D-Street action on Monday
Indian bluechip indices, Nifty 50 and Sensex, reaching fresh record highs signifies continued positive momentum in the equity markets, with financials and IT stocks leading the charge. This rally is partly due to favorable US economic data that has eased concerns about global growth, positively influencing Indian markets.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 23 points, or 0.08 per cent, at 25,415, signaling that Dalal Street was headed for positive start on Monday.
Sensex Today | Stock Market LIVE Updates: Rupee rises 4 paise to close at 83.85 against US dollar
The rupee traded in a narrow range on Friday, closing 4 paise higher at 83.85 against the US dollar. This rise was supported by strong domestic equities and a weaker dollar in the global market. Forex traders noted that the rupee benefited from domestic markets hitting new record highs, along with fresh foreign fund inflows. However, a spike in crude oil prices limited further gains.
Sensex Today | Stock Market LIVE Updates: Dow notches record high close after upbeat economic data
Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September.
Sensex Today | Stock Market LIVE Updates: Tech View: Nifty near term targets now increase to 26,000
Nifty closed Friday's session up by 84 points, forming a rounding bottom pattern on the daily chart, which signals strength.
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Friday
The 30-share BSE Sensex climbed 231 points, or 0.28%, to finish at 82,365, while the broader NSE Nifty advanced 84 points, or 0.33%, closing at 25,235. This is the third straight session where the Nifty has reached a record high.
