Stock Market Today LIVE: The trends on Gift Nifty also signals a muted start for the benchmark indices, Sensex and Nifty 50.(Photo: REUTERS)Stock Market Today LIVE: The Indian stock market is expected to open on a tepid note Friday, following mixed cues from global markets, amid optimism that the US-Iran war could come to an end soon. The trends on Gift Nifty also signals a muted start for the benchmark indices, Sensex and Nifty 50.
Gift Nifty was trading around 24,181 level, a discount of nearly 15 points from the Nifty futures’ previous close.
Globally, Asian markets fell, while the US stock market ended higher overnight, with Nasdaq rising for the 12th consecutive session, its longest winning streak since July 2009.
Meanwhile, a 10-day ceasefire between Lebanon and Israel went into effect on Thursday. US President Donald Trump said the next meeting between the United States and Iran may take place over the weekend. Trump said Iran had offered not to possess nuclear weapons for more than 20 years.
Stay tuned to this section for the live updates on the Indian stock market today.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday. US President Donald Trump said the next meeting between the United States and Iran may take place over the weekend. Trump said Iran had offered not to possess nuclear weapons for more than 20 years.
US stock market ended higher on Thursday, with the Nasdaq and the S&P 500 touching intraday record highs, on optimism that the US-Iran war could end soon.
The Dow Jones Industrial Average gained 115.00 points, or 0.24%, to 48,578.72, while the S&P 500 rose 18.33 points, or 0.26%, to 7,041.28. The Nasdaq Composite closed 86.69 points, or 0.36%, higher at 24,102.70.
Asian markets traded lower on Friday amid cautiousness over the US-Iran war. Japan’s Nikkei 225 fell 0.7% and the Topix declined 0.62%. South Korea’s Kospi dropped 0.43% while the Kosdaq fell 0.35%. Hong Kong Hang Seng index futures indicated a lower opening.
The trends on Gift Nifty also signals a muted start for the benchmark indices, Sensex and Nifty 50. Gift Nifty was trading around 24,178 level, a discount of nearly 18 points from the Nifty futures’ previous close.
The Indian stock market is expected to open on a tepid note Friday, following mixed cues from global markets, amid optimism that the US-Iran war could come to an end soon.