Sensex, Nifty looks to extend global market rally (File Image)
Stock Market Live: Indian benchmark indices opened higher from global market cues. GIFT Nifty is trading marginally higher at 46.00 points, or 0.21 per cent at 22,313.00.
International crude oil prices showed a decline on Friday. Brent crude oil is down 0.25 points, or 0.30 per cent at 83.42 while WTI crude oil price is down 0.33 per cent at 78.35.
The US indices advanced as the S&P 500 and NASDAQ notched the best day in more than a year. The rally was led by Nvidia shares, which advanced up to 16 per cent after its Q4 earnings report. Dow Jones Industrial Average (DJIA) advanced 1.18 per cent at 39,069.11 while the S&P 500 closed 2.11 per cent at 5,087.03. NASDAQ future ended day’s trade ar 2.96 per cent higher at 16,041.52
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Indian blue-chip index Nifty has hit all-time peaks in each of the four sessions this week and gained about 0.8% over the period. The gains in Nifty are mostly aided by financials and consumer stocks. The 30-share Sensex has added 1% this week so far and is about 300 points away from its record high.
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First uploaded on: 23-02-2024 at 08:10 IST
