Sensex Today | Stock Market LIVE Updates: GIFT Nifty rises 35 pts; Asian shares trade higher

20 Sep 2024 | 07:51:23 AM IST

Synopsis

Sensex Today | Stock Market LIVE Updates | On Thursday, benchmark indices Sensex and Nifty reached new all-time highs, following positive global trends after the US Federal Reserve implemented its first interest rate cut in over four years.

Sensex Today | Stock Market LIVE Updates | Nifty index is facing a lot of resilience around the crucial resistance zone of 25,500-25,550 levels and we believe that Nifty will further outperform only if it is able to decisively close above this resistance zone or else consolidation is likely to continue in the range of 25,200 to 25,500-550 levels. Support for Nifty is now seen at 25,350 and 25,175-200. On the higher side, the next crucial resistance zone is at 25,500-550, said Tejas Shah, JM Financial & BlinkX.

1 New Update

07:51:21 AM IST, 20 Sep 2024

Sensex Today | Stock Market LIVE Updates: D-Street indices ride high on US Fed’s jumbo rate cut

During Thursday's trading session, India's two leading stock indices reached all-time highs, while bond yields dropped to their lowest level in nearly 31 months. This followed an unexpected half-percentage-point rate cut by the US central bank. However, broader local indices and export-focused technology stocks declined due to concerns that this significant reduction may indicate previously unrecognized growth challenges in the world's largest economy.

07:45:51 AM IST, 20 Sep 2024

Stock Market LIVE Updates | Stocks in news: Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea

Domestic markets remained almost unchanged in a volatile session. Reliance Infra plans to raise Rs 3,014 crore, NTPC approves Rs 9,701 crore investment, and SBI extends $50 million support to Maldives. RBI re-appoints V Vaidyanathan as IDFC First Bank CEO. Vodafone Idea faces scrutiny after a significant stock fall.

07:25:53 AM IST, 20 Sep 2024

Stock Market LIVE Updates | Japan's 10-year bond yield flat as market expects BOJ to keep policy unchanged

Japan's 10-year government bond yield was flat on Friday, as the market expects the Bank of Japan to maintain its interest rates at its policy meeting.

The 10-year JGB yield was at 0.85%, while the five-year yield was up 0.5 basis point (bp) to 0.495%.

07:10:30 AM IST, 20 Sep 2024

Stock Market LIVE Updates | Gold hovers near record high as traders navigate Fed's giant rate cut

Gold prices stabilized close to record highs on Friday and were set for a weekly gain, as markets adapted to the recent significant interest rate cut by the U.S. Federal Reserve and indications of potential further reductions.

Spot gold held its ground at $2,586.98 per ounce, as of 0028 GMT, and has climbed about 0.4% for the week so far.

07:09:40 AM IST, 20 Sep 2024

Stock Market LIVE Updates | Oil prices set to end week higher after US rate cut

Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles.

Brent futures, which were trading 19 cents or 0.3% lower at $73.69 a barrel at 0027 GMT on Friday, gained 4.3% this week. U.S. crude, which was up 6 cents at $72.01 a barrel, has registered weekly gains of 4.8%.

07:09:02 AM IST, 20 Sep 2024

Stock Market LIVE Updates | S&P 500 hits record high buoyed by economic hopes: Markets wrap

Wall Street traders, confident that the Federal Reserve can achieve a soft landing, fueled a rally in riskier market segments, leading stocks to reach all-time highs.

07:08:27 AM IST, 20 Sep 2024