Latest version: Dec 01, 2023, 09:36 IST
Sensex Today: A solid 7.6 percent GDP growth rate for the September quarter (Q2FY24), higher than expected, lifted equities early on Friday. The S&P BSE Sensex was quoted up 278 points or 0.42 percent at 67,267 levels.
The Nifty50, meanwhile, rose 86 points or 0.39 percent to a record high of 20,225, supported by NTPC, Apollo Hospitals, Ultratech Cement, IndusInd Bank, Asian Paints, Adani Ports, L&T, Grasim and LTIMindtree.
In the broader market, the BSE Midcap index hit a new record high of 34,481.7, up 0.64 percent. The BSE Smallcap index also rose 0.8 percent.
Among sectors, all indices were trading with solid gains led by Nifty Realty up 1.7 percent, followed by Nifty Metals and Media indices (0.8 percent each).
Global indication
Asian stock markets have started the year-end on a cautious note after recent strong gains, although rising expectations in Europe and the US will help ease pressure on local currencies and central banks.
The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and saw cooling inflation data as a harbinger of the Federal Reserve’s easing of monetary policy.
Oil prices fell in early Asian trade on Friday, extending losses after OPEC+ producers agreed to voluntarily cut oil production in the first quarter of next year that was lower than market expectations.
Where we collect the information from Source link
Disclaimer:- We include in each post a link to where each content on our website is collected from.If there is a complaint against any post please contact us directly.
Email: post-support.dailyfastnews24.com
You can also write on the popular online news portal dailyfastnews24.com. Writing topics feature, travel, lifestyle, career, IT, agriculture and nature. Send your entry today to [email protected]
advertisement:-If you would like to advertise on our website please contact us here.Our Ads team will contact you very soon.
Email: [email protected]
The cost of advertising:- 1 Post 100 USD Lifetime.
Thank you very much for visiting our website. Have a good day.