Stock Market Live Updates: GIFT Nifty indicates positive opening for Sensex, Nifty

Feb 29, 2024
stock-market-live-updates:-gift-nifty-indicates-positive-opening-for-sensex,-nifty

Share Market Today Live UpdatesShare Market Today Live Updates (File Image)

Share Market Today Live Updates: Indian benchmark indices opened with minor cuts despite GIFT Nifty is trading 48.50 points, or 0.22 per cent higher at 21,933.00.

Earlier, Sensex and Nifty ended Wednesday’s session with 1 per cent cut.

“In the absence of significant catalysts, the Nifty benchmark index kicked off the session with a slight positive tone, but lacked sustained buying interest, leading to an immediate downturn in prices. Throughout the day, this weakness persisted, with any attempts at intra-day recovery met with selling pressure. Eventually, a strong sell-off in the last hour resulted in a 1.11% cut, closing tad above 21950, says Sameet Chavan, Head Research, Technical and Derivative, Angel One.

US stock futures fall as Wall Street awaits the Federal Reserve’s preferred inflation gauge. 30-stock. Dow Jones Industrial Average (DJIA) declined 0.06 per cent at 38,949.02, making its third consecutive fall. S&P 500 inched 0.17 per cent at 5,069.76. NASDAQ composite ended day’s trade 0.55 per cent lower at 15,947.74.

Live Blog

Asian market is trading in mixed territory as investors await US and Chinese economic data. Japan’s Nikkei is trading 0.65 per cent lower at 38,953.49 while South Korea’s Kospi dipped 0.47 per cent lower at 2,640.22.

© IE Online Media Services Pvt Ltd

First uploaded on: 29-02-2024 at 09:06 IST

Leave a comment