Home Business Stock Market Updates: Sensex Down 60 Points, Nifty At 25,020; Know Key Points – News18

Stock Market Updates: Sensex Down 60 Points, Nifty At 25,020; Know Key Points – News18

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Stock Market Updates: Sensex Down 60 Points, Nifty At 25,020; Know Key Points – News18

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Sensex Today: Indian benchmark indices BSE Sensex and Nifty 50 were up at pre-open on Monday, even as global indices weighed on market sentiment elsewhere.

Global Cues

That apart, the S&P 500 finished lower on Monday, while investors awaited inflation data for clues about the path of interest-rate cuts by the Federal Reserve.

The tech-heavy Nasdaq also declined, but the Dow Jones Industrial Average was supported by gains of about 1 per cent each in Caterpillar and American Express and finished just slightly up.

The S&P 500 declined 0.32 per cent to end the session at 5,616.84 points.

The Nasdaq declined 0.85 per cent to 17,725.77 points, while Dow Jones Industrial Average rose 0.16 per cent to 41,240.52 points.

Asia-Pacific markets largely fell on Tuesday morning, despite the Dow Jones Industrial Average on Wall Street reaching new highs. Traders in Asia will also look toward China’s year-to-date industrial profits as of July.

Japan’s Nikkei 225 was 0.35 per cent lower, while the broad-based Topix was flat.

South Korea’s Kospi fell 0.42 per cent, while the small cap Kosdaq saw a larger loss of 1.14 per cent.

Australia’s S&P/ASX 200 was up 0.13 per cent, the only major Asia-Pacific index in positive territory. The index is close to breaching its all time closing high of 8,114.7, set on Aug. 1.

Hong Kong Hang Seng index futures were at 17,694, lower than the HSI’s last close of 17,798.73.

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