Stock Market LIVE Updates: GIFT Nifty hints at positive start; NASDAQ hits record high, S&P 500 above 5,100

Mar 2, 2024

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Stock Market LIVE Updates: Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 60 points or 0.27 percent. The Nifty futures were trading around the 22,511 level.

March 02, 2024 / 09:12 am IST

  • Stock Market LIVE Updates: Nifty above 22,400 in pre-open today, Sensex marginally higher

    Stock Market Today

  • March 02, 2024 / 09:12 AM IST

  • March 02, 2024 / 09:08 AM IST

    Market at pre-open

    The Sensex was up 102.62 points or 0.14 percent at 73,847.97, and the Nifty was up 67.20 points or 0.30 percent, topping the 22,400-mark for the first time.

  • March 02, 2024 / 09:03 AM IST

  • March 02, 2024 / 08:58 AM IST

    Stock Market LIVE Updates | Ajit Mishra, SVP – Technical Research, Religare Broking

    Markets surged strongly on Friday and reclaimed the record high. After the initial uptick, Nifty moved from strength to strength as the day progressed and finally settled around the day’s high to close at 22,338.75; up by 1.6%. The majority of sectors contributed to the move wherein metal, banking and auto posted strong gains. However, the broader indices underperformed the benchmark but managed to end with modest gains.

    We are eyeing 22,800 in Nifty now thus participants should continue with a “buy on dips” approach until it breaks 21,900. We feel the participation of the banking pack would continue to play a critical role in maintaining the prevailing momentum while others may play a supportive part on a rotational basis. Traders should maintain stock-specific approach and prefer index majors and large midcap counters for long trades.

  • March 02, 2024 / 08:52 AM IST

  • March 02, 2024 / 08:48 AM IST

    Stock Market LIVE Updates | Crude oil settles higher ahead of OPEC+ decision

    Oil prices settled higher and posted weekly gains as traders awaited an OPEC+ decision on supply agreements for the second quarter while they weighed U.S., European and Chinese economic data.

  • March 02, 2024 / 08:43 AM IST

    Stock Market LIVE Updates | Dollar falls

    The dollar fell against the euro on weaker-than-expected USeconomic data but gained against the Japanese yen after Bank of Japan governor Kazuo Ueda said it was too soon to declare victory on inflation.

    The dollar index, which measures the greenback against a basket of major currencies, fell 0.2% at 103.91, with the euro up 0.28% at $1.0833.

  • March 02, 2024 / 08:40 AM IST

  • March 02, 2024 / 08:32 AM IST

    Stock Market LIVE Updates | FII and DII data

    Foreign institutional investors (FIIs) net bought shares worth Rs 128.94 crore, while domestic institutional investors (DIIs) purchased Rs 3,814.53 crore worth of stocks on March 1, provisional data from the NSE showed.

  • March 02, 2024 / 08:29 AM IST

    Stock Market LIVE Updates | US bond yields fall

    U.S. Treasuries yields fell sharply including two-year yields’ biggest daily decline since the end of January after the manufacturing data and Waller’s suggestion of the need for more shorter-dated Treasuries.

    The 2-year note yield, which typically moves in step with interest rate expectations, fell 11.1 basis points to 4.5354%, from 4.646% late on Thursday.

    The yield on benchmark U.S. 10-year notes fell 6.6 basis points to 4.186%, from 4.252% while the 30-year bond yield fell 4.7 basis points to 4.3285% from 4.375% late on Thursday.

  • March 02, 2024 / 08:24 AM IST

  • March 02, 2024 / 08:23 AM IST

    Stock Market LIVE Updates | Nvidia closes with $2 trillion valuation as Dell stokes AI rally

    Nvidia’s stock market value closed above $2 trillion for the first time on Friday after an upbeat report from Dell Technologies reignited Wall Street’s AI-fueled rally.

    Nvidia’s stock added 4% after Dell, which sells high-end servers made with Nvidia’s processors, gave an upbeat forecast late on Thursday, pointing to a surge in orders for its AI-optimized servers.

    Dell’s shares soared as much as 38% to a record high before ending the session with a 32% gain.

    Friday’s rally put Nvidia’s market capitalization at $2.06 trillion, making it Wall Street’s third most valuable company behind Microsoft and Apple, at $3.09 trillion and $2.77 trillion, respectively

  • March 02, 2024 / 08:21 AM IST

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