Stock Market Today: All You Need To Know Before Going Into Trade On Sept. 13

Asian indices were mixed in the early trade. Japan’s Nikkei was 0.4% lower at 6:45 a.m. when Australia’s S&P ASX 200 was 0.4% up and South Korea’s Kospi traded flat.

US stocks ended higher as traders assessed the country’s producer price index which rose slightly above estimates.

The S&P 500 ended 0.75% higher at 5,595.76, Dow Jones was up 0.58% at 41,096.77 at close and Nasdaq Composite added 1.00% to close at 17,569.68.

Brent crude was trading 0.54% higher at $72.36 a barrel at 6:43 a.m. Gold rose 0.14% to $2,562.41 an ounce.

GIFT Nifty was at 25,388.00 down by 17.5 pts or 0.1% as of 06:50 a.m.

India’s benchmark equity indices ended at fresh closing highs on Thursday as markets rose sharply in the last hour of trade, led by rallies in metal, auto, and banking stocks.

The NSE Nifty 50 ended 470.45 points or 1.89% higher at 25,388.90, while the S&P BSE Sensex closed 1,439.55 points or 1.77% higher at 82,962.71, recording new highs.

Foreign portfolio investors mopped up stocks worth Rs 7,695 crore, while domestic institutional investors turned net sellers after a day of buying and offloading equities worth Rs 1,800.5 crore, according to provisional data from the National Stock Exchange.

The Indian currency settled flat against the US dollar at 83.9650 on Thursday.