1 week Ago By Pawan Kumar
Share Market Today: Following a positive close on the last trading week of the week, Indian markets are open on a weaker note today. GIFT Nifty Futures also indicated the same which were trading at 24,928 at 6:40 AM, slightly below the last close of Nifty futures. Stock Market Today: Opening Bell Stock Market: Pre-OpeningThe Nifty 50 was trading at 24982.
70, which was 128.65 points or 0.52 per cent higher than the previous closing.
The Sensex was trading 581.83 points or 0.72 per cent higher at 81806.
58. Global Market TrendsAsian markets were trading mixed on Monday as investors reacted to China’s latest rate cut. The People’s Bank of China (PBOC) announced a 25-bps cut in the one-year loan prime rate (LPR) to 3.
1 per cent and trimmed the five-year LPR to 3.6 per cent. How US Wall Street Performed?On Wall Street, tech stocks powered the markets to a higher close on Friday, driven by strong Netflix earnings and optimism over China’s steps to boost economic demand.
Meanwhile, crude prices posted their largest weekly decline in a month, easing investor concerns. Stock Market on FridayOn Friday, Indian stock markets managed to rebound after three days of losses, driven by gains in banking and financial stocks. The BSE Sensex closed 218 points higher or 0.
27 per cent at 81,224.75 and the Nifty50 climbed 104.16 points or 0.
42 per cent to finish at 24,854.05. During the day, the Sensex hit an intraday high of 81,391.
15, while the Nifty peaked at 24,886.20. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Markets, Business Economy and around the world.
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