Sensex Share Market Updates: Thursday saw an upward surge in Indian benchmark indices Sensex and Nifty, aligning with the rising trend in Asian markets. IT stocks took the spotlight in anticipation of earnings reports from TCS and Infosys. Investors are eagerly awaiting the Q3 results from major IT firms, signaling the commencement of the earnings season for the December quarter. The Sensex reached 71,800, reflecting a 150-point increase, while the Nifty hovered around 21,650. The Indian rupee maintained stability at 83.04 per US dollar, mirroring Wednesday’s closing figure of 83.03.
Sensex Share Market Updates for Today Sensex up 125 points, with the Nifty at 21,650
Asian equity markets experienced a rise, mirroring the positive momentum in U.S. stocks, as investors eagerly anticipated the release of Thursday’s inflation data. Bitcoin witnessed a surge after gaining approval from U.S. regulators for exchange-traded funds linked to the cryptocurrency. Favorable movements were observed in the stock markets of Australia and Japan, with Tokyo’s indices inching closer to reaching the three-decade highs achieved in the preceding session.
US stock indices inched upward on Wednesday in anticipation of crucial inflation data that may offer indications about the potential initiation of interest rate cuts by the Federal Reserve later this year.
