Sensex and Nifty Live Updates at 2:15 PM: Sensex Up by 180 Points (0.26%) at 71,644.06, Nifty Gains 80 Points (0.37%) at 21,335.05
US markets closed higher on Thursday. The optimism in the market was attributed to economic data that fueled expectations of the Federal Reserve easing monetary policy.
Monetary policy decisions by the Federal Reserve can have a significant impact on global financial markets, including stock markets.
As of the latest update:
- Indian indices opened the trading day with a slight gain.
- Subsequently, they traded higher before experiencing a pullback.
- At 2:15 pm, the Sensex was up approximately 180 points or 0.26% at 71,644.06.
- The Nifty showed an increase of around 80 points or 0.37% at 21,335.05.
As of the latest information:
Big Early Gainers on the Nifty:
- LIC (Life Insurance Corporation of India)
- Adani Ports
- Tata Steel
- Hindalco Industries
- Adani Enterprises
- Divis Lab
Losers on the Nifty:
- TCS (Tata Consultancy Services)
- Infosys
- IndusInd Bank
- HDFC Bank
- UltraTech Cement
These movements highlight the early performance of specific stocks on the Nifty index. It’s essential to note that market conditions can change rapidly, and the status of stocks may evolve throughout the trading day.
Tokyo stocks initially saw gains but trimmed them later in the day.
The Nikkei 225 edged up by 0.09%, or 28.58 points, closing at 33,169.05.
The broader Topix index added 0.45%, or 10.45 points, ending at 2,336.43.
The marginal increase in the Nikkei 225 and the positive performance of the broader Topix index suggest a relatively subdued trading day in Tokyo.
Global markets, including those in Japan, may experience subdued movements during the holiday season as trading activity tends to slow down.
US markets closed higher on Thursday.
The Nasdaq increased by 1.3%.
The S&P 500 rose by 1%.
The Dow Jones Industrial Average (DJIA) gained 0.9%.
The optimism in the market was reportedly fueled by positive economic data, raising expectations that the Federal Reserve might consider easing monetary policy. These movements in major indices indicate a positive sentiment in the US markets on the specified trading day.
The US Q3 GDP numbers were revised downward, suggesting that the initial assessment of robustness was not as pronounced.
There are indications of cracks appearing in the tight labor market, which the Federal Reserve views as an obstacle to cooling inflation.
The Federal Reserve’s focus is now on the upcoming Personal Consumption Expenditures (PCE) report, which is awaited for insights into consumer spending and its potential impact on inflation.
These developments highlight key factors influencing the economic outlook and monetary policy considerations in the United States.
