Indian equity benchmark indices, Sensex and Nifty 50 are expected to remain volatile on Thursday ahead of F&O expiry amid mixed trends in global markets. Asian markets traded with gains while US stocks closed mixed overnight as the Dow Jones snapped its four-day gaining streak.
Indian stock market indices closed with gains on Wednesday. The NSE benchmark index Nifty 50 managed to close above the 26,000 level for the first time ever. The Sensex closed 255.83 points or 0.30 per cent higher at 85,169.87, while the Nifty 50 closed 63.75 points or 0.25 per cent higher at 26,004.15.
Today’s key indicators for Sensex
Asian Markets: Asian markets traded higher on Thursday as Chinese markets extended their gains for the fifth consecutive session. Japan’s Nikkei 225 rallied 1.7 per cent while the Topix added 1.2 per cent. South Korea’s Kospi rose 1.77 per cent and the Kosdaq added 1.51 per cent.
GIFT NIFTY: GIFT Nifty was trading around 26,045 levels, with a premium of around 40 points over the previous close of Nifty futures, indicating a positive opening for the Indian stock market.
wall Street: US stock markets ended mixed on Wednesday, with the blue-chip Dow Jones sliding after hitting a record high. The Dow Jones Industrial Average fell 293.47 points, or 0.70 per cent, to close at 41,914.75, while the S&P 500 fell 10.67 points, or 0.19 per cent, to 5,722.26. The Nasdaq Composite gained 7.68 points, or 0.04 per cent, to close at 18,082.21.
gold price: Gold prices were steady after hitting a record high in the previous session. Spot gold stood at $2,656.60 an ounce, Reuters reports. Bullion hit a record high of $2,670.43 on Wednesday. US gold futures fell 0.2 percent to $2,680.00.
