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September 16, 2024 3:25 PM

Sensex, Nifty surge as global markets rebound

Indian stock markets opened on a positive note Thursday, riding the wave of a global market rally triggered by easing inflation in the United States. The benchmark Nifty 50 index surged 0.57% or 141.20 points to 25,059.65, while the BSE Sensex climbed 0.5% or 407 points to 81,930.18 at the opening bell. This upbeat start comes in response to the latest US inflation data, which showed a moderation in August. The cooling inflation has fueled expectations of potential Federal Reserve rate cuts at...

September 16, 2024 3:34 PM

Nifty, Sensex open flat amid decline in global indices

Indian stock markets opened with mixed signals on Thursday, reflecting the broader decline in global indices. The benchmark Nifty 50 index began trading down 17 points, or 0.07%, at 25,035.30, while the Sensex showed a marginal increase of 35 points, or 0.05%, opening at 81,822.56. The flat opening comes in the wake of pressure on global markets following Nvidia's quarterly results announcement. Despite strong financial performance, the tech giant's management guidance disappointed some investo...

August 6, 2024 10:40 AM

Japanese stocks soar as wider markets bounce from brutal selloff

Japanese stocks jumped at the open on Tuesday, underpinning a recovery across battered Asian share markets and even triggering circuit breakers in some, after central bank officials said all the right things to soothe investor nerves. The Nikkei soared more than 8% to above 34,000 in the opening minutes of trading, rebounding sharply from its 31,458 close on Monday. The index had plummeted 12.4% in its worst selloff since the 1987 Black Monday crash. Wall Street also looked steadier with S&...

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